1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex777 [14]
3 years ago
9

Salt Company is considering investing in a new facility to extract and produce salt. The facility will increase revenues by $220

,000, but it will also increase annual expenses by $160,000. The facility will cost $980,000 to build, and it will have a $20,000 salvage value at the end of its useful life. Calculate the annual rate of return on this facility. Annual rate of return %
Business
1 answer:
e-lub [12.9K]3 years ago
5 0

Answer:

12%

Explanation:

Annual net income:

= Increase in annual revenue - Increase in annual costs

= $220,000 - $160,000

= $60,000

Average investment:

= (Initial investment + Salvage value at the end) ÷ 2

= (980,000 + 20,000) ÷ 2

= $500,000

Annual rate of return:

= (Annual net income ÷ Average investment) × 100

= ($60,000 ÷ $500,000) × 100

= 12%

You might be interested in
Which of the
Over [174]

Answer:

B...................................

7 0
2 years ago
Read 2 more answers
Wanda is organizing an Employee Appreciation Day event and is soliciting vendors to provide food and drinks. There are 638 emplo
DedPeter [7]

In this case, Wanda can calculate the revenue for her Employee Appreciation Day event by using this formula:

  • revenue = [(number of employees of the company) + (½ x number of employee of the company)] x event price
  • x = [(638) + (319)] x 2
  • x = 952 x 2
  • x = $1,914

Thus, Wanda’s expected revenue is $1,914, assuming that half of the employees are married and will be attending the Employee Appreciation Day alongside their spouse.  


6 0
3 years ago
Which of the following terms refers to the process individuals or groups go through to​ select, purchase,​ use, and dispose of​
KATRIN_1 [288]

Answer:

The correct answer is E

Explanation:

Consumer behavior is the term which is defined as the study of how the individual consumers, organization or the groups use, dispose, select and buy the goods and the services in order to satisfy the wants and the desires.

In short, it refers to the consumers actions in the market place and the motives or the goals for those actions.

Therefore, the correct answer is the consumer behavior.

6 0
3 years ago
Sue can either borrow $10,\!000$ dollars for $5$ years with a simple interest of $7\%$ annually or an interest which compounds a
dalvyx [7]

She would  have to pay back for the more expensive interest than the less expensive interest which will be calculated in the form of simple interest and compound interest .

Simple interest

10000 x .07 = 700

700 x 5 = 3500

total 13500

Compund interest

10000(1.06)^5 = 13382.26

13500 - 13382.26 = 117.74

118 rounded

Learn more about simple interest and compound interest here :

brainly.com/question/25663053

#SPJ4

3 0
2 years ago
The factors that need to be determined to compute depreciation are an asset's: a.Cost, residual value, and physical life. b.Cost
kumpel [21]

Answer:

d.Cost, residual value, and service life

Explanation:

The depreciation of an asset is the systematic allocation of cost for the use of the asset over its useful life.

Depreciation is usually computed using the formula below

Depreciation  =  (cost - salvage value)/useful life

The difference between the cost and salvage value is the depreciation base of the asset over its entire useful life.

As such, the right option is d.Cost, residual value, and service life

4 0
3 years ago
Other questions:
  • Medicare deduction is withheld at a standard rate of 1.45 percent. suppose your gross pay this week is $750. how much medicare t
    14·1 answer
  • Kimble Electronics issued its 6%, 20-year bonds payable at a price of $855,000 (face value is $900,000). The company uses the st
    5·1 answer
  • Suppose a country's annual growth rate of real gdp per capita is approximately 2%. by which year would the country double its re
    8·1 answer
  • A company has three product lines, one of which reflects the following results: Sales $ 215,000 Variable expenses 125,000 Contri
    11·1 answer
  • Which term describes the cost to replace property minus the deduction for depreciation?
    5·1 answer
  • QS 5-3 Merchandise accounts and computations LO C2 Kleiner Merchandising Company Accumulated depreciation $ 700 Beginning invent
    14·1 answer
  • A fire has destroyed a large percentage of the financial records of the Inferno Company. You have the task of piecing together i
    14·1 answer
  • Suppose that a firm's recent earnings per share and dividends per share are $3.00 and $1.50, respectively. Both are expected to
    9·1 answer
  • Every business begins with a(n)<br> O a. customer.<br> b. profit.<br> O c. idea.<br> O d. inverton.
    14·1 answer
  • Nellie recently sold her old laptop directly to a student from different country using an e-commerce website. the website she us
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!