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ziro4ka [17]
3 years ago
15

An office building has $66,000 of net income and sold for $550,000. What was the rate of return? 12% 8.3% 10% 11.1%

Business
2 answers:
spayn [35]3 years ago
5 0

Answer:

8,3

Explanation:

its less then 10%

horsena [70]3 years ago
4 0

Answer:

Option (a), required return is 12%.

Explanation:

The required return on the investment can be calculated as under:

Required Return = Net Income on Investment / Market Value of Investment

So here, we have net income of $66,000 and Market Value of the investment is $550,000. By putting values in the above equation, we have:

Required Return = $66,000 / $550,000 = 0.12 = 12%

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Sheffield Corp. budgeted costs for 65000 linear feet of block are: Fixed manufacturing costs $24000 per month Variable manufactu
yulyashka [42]

Answer:

$984,000

Explanation:

The computation of the budgeted total manufacturing cost is shown below:

Budgeted total manufacturing costs in March = Fixed cost + Variable cost

= $24,000 + ($16 × 60,000)

= $24,000 + $960,000

= $984,000

We simply added the fixed cost and the variable cost in order to find out the budgeted total manufacturing cost

7 0
3 years ago
A machine costing $450,000 with a four-year life and an estimated $30,000 salvage value is installed by Lux Company on January 1
Tasya [4]

Answer:

$112,500

Explanation:

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)  

Depreciation expense in year 1 = 2/4 x $450,000 = $225,000

Book value at the beginning of year 2 =  $450,000 - $225,000 =  $225,000

Depreciation expense in year 2 = 2/4 x $225,000 = $112,500

4 0
2 years ago
Your typical markup for merchandise is 36%. Your cost on an item is $11.00. Calculate the selling price.
wolverine [178]

Answer:

$7.04

Explanation:

$11/10=$1.1 x 3= $3.30

$1.1/10=$0.11 x 6=$0.66

$3.30+$0.66=$3.96

$11-$3.96=$7.04

8 0
3 years ago
Which team member has the most significant role in a team effort?
MrRissso [65]

Answer:

D. All members are equally important

Explanation:

Edgenuity 2020

6 0
2 years ago
Ahngram Corp. has 1,000 defective units of a product that cost $3.30 per unit in direct costs and $6.80 per unit in indirect cos
OLga [1]

Answer:

If the units are reworked, income will increase by $5,800.

Explanation:

Giving the following information:

Number of units= 1,000

Sell as-is= $4.3

Rework cost= $2.8

Selling price= $12.9

<u>Because the original cost will remain constant in both options, we will not take them into account.</u>

Sell as-is:

Effect on income= 1,000*4.3= $4,300

Rework:

Effect on income= 1,000*(12.9 - 2.8)

Effect on income= $10,100

If the units are reworked, income will increase by $5,800.

4 0
3 years ago
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