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yanalaym [24]
3 years ago
10

Project A requires a $415,000 initial investment for new machinery with a five-year life and a salvage value of $37,000. The com

pany uses straight-line depreciation. Project A is expected to yield annual net income of $22,500 per year for the next five years. Compute Project A’s accounting rate of return.
Business
1 answer:
IrinaVladis [17]3 years ago
6 0

Answer:

9.96%

Explanation:

The formula to compute the accounting rate of return is shown below:

= Annual net income ÷ average investment

where,

Annual net income is $22,500

And, the average investment would be

= (Initial investment + salvage value) ÷ 2

= ($415,000 + $37,000) ÷ 2

= $452,000 ÷ 2

= $226,000

Now put these values to the above formula  

So, the rate would equal to

= $22,500 ÷ $226,000

= 9.96%

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A professional gambler moves from a state where gambling is illegal to a state where gam-bling is legal. Most of his income was,
Murrr4er [49]

Answer:

The answer is: A) raises GDP.

Explanation:

If a gambler is a professional gambler (pays income tax on his gambling earnings) then when he moves from a state that prohibits gambling to a state that allows gambling, his earnings will increase the GDP.

The GDP only considers legal income, so illegal activities such as prostitution, drug trafficking, or illegal gambling are not included in the GDP. But if they become legal (e.g. some states legalized marijuana) then they should be included in the GDP.

4 0
3 years ago
On June 3, Swifty Company sold to Chester Company merchandise having a sale price of $3,300 with terms of 2/10, n/60, f.o.b. shi
goldfiish [28.3K]

Answer:

The Journal Entry and their narrations is shown below:-

Explanation:

The Journal entry is shown below:-

a. 1.Accounts Receivable Dr, $3,300

                   To Sales  $3,300

(Being sales is recorded)

Cash Dr, $3,234

Sales Discount Dr,  $66

(3,300 × 2%)

            To Accounts Receivable $3,300

(Being Payment received is recorded)

2. Accounts Receivable Dr, $3,234

=(3,300 × 0.98)

            To Sales $3,234

(Being sales is recorded)

Cash Dr, $3,234    

        To Accounts Receivable $3,234  

(Being payment received is recorded)

b. Cash Dr, $3,300  

       To Accounts Receivable $3,234  

        To Sales Discounts Forfeited 66

(Being payment received is recorded)

4 0
3 years ago
Suppose the manager of an ice cream store is trying to forecast the pounds of ice cream that they will sell based on what they h
disa [49]

Based on the information give your forecast for period 7 is 40.

<h3>Forecast for period 7</h3>

Given:

Time-series trend equation=25.3+2.1x

Period=7

Let x present period 7

Hence:

Forecast for period 7 =25.3 +2.1(7)

Forecast for period 7 =25.3 +14.7

Forecast for period 7 =40

Inconclusion your forecast for period 7 is 40.

Learn more about forecast here:brainly.com/question/24730207

6 0
2 years ago
<img src="https://tex.z-dn.net/?f=%5Ccolor%7Bred%7D%7B%E2%9A%A0TheQueenNoNeedAKing%E2%9A%A0%7D%20" id="TexFormula1" title="\colo
KiRa [710]

Explanation:

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pass:- HELLO

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When it comes to investing, what is the typical relationship between risk and return?
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D i would think im not shure thoe
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3 years ago
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