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Harrizon [31]
2 years ago
10

Exercise 24-3 Payback period computation; straight-line depreciation LO P1 A machine can be purchased for $140,000 and used for

five years, yielding the following net incomes. In projecting net incomes, straight-line depreciation is applied, using a five-year life and a zero salvage value. Year 1 Year 2 Year 3 Year 4 Year 5 Net income $ 9,500 $ 23,500 $ 64,000 $ 35,500 $ 94,000
Business
1 answer:
kkurt [141]2 years ago
6 0

Answer:

Year 1 Year 2 Year 3 Year 4 Year 5 Net income $ 9,500 $ 23,500 $ 64,000 $ 35,500 $ 94,000

Explanation:

look p1 a machine

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The U.S. Census Bureau statistics showed that more than 1.3 million people in Illinois-about 11% of the population-are without m
Vlad [161]
What<span>approximately would be the total population of Illinois?
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-12 million
7 0
3 years ago
If denied a loan, which of the following changes to your application process will not increase your chances of approval when you
fredd [130]

Answer:

a. Apply for a larger loan amount.

Explanation:

In the case when the loan is re-applied after rejecting so if we applying for a larger loan should be rejected even quickly. As if the financial insitution found that the smaller amount loan is been rejected so application made for larger amount of loan should not be helped out for approve. Also there is proper tracking of loans with regard to the customer names

Hence, the option a is correct

6 0
3 years ago
Which form ownership burdens owners with greatest risk of loss of their personal assets?
Vitek1552 [10]

Howdy y'all!!

the answer is

general partnership

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4 0
3 years ago
What will happen to the current ratio if current assets increase, while everything else remains unchanged?
Nana76 [90]

The current ratio will increase if current assets increase, while everything else remains unchanged.

This is further explained below.

<h3>What is the current ratio?</h3>

Generally, A liquidity ratio that evaluates a company's capacity to pay short-term debts or those that are due within the next year is called the current ratio.

It explains to investors and analysts how a business may get the most out of the current assets that are shown on its balance sheet in order to pay off its current debt and any other payables.

A current asset is defined as any asset that a company can reasonably expect to sell, consume, or deplete through the normal operations of the business inside the current financial year or an operating cycle, or an economic year.

In other words, a current asset is an asset that will be sold, consumed, or exhausted.

In conclusion, If current assets continue to grow while everything else stays the same, the current ratio will continue to show an upward trend.

Read more about current assets

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5 0
1 year ago
1. Firms pursuing a cost-leadership strategy seek to ________.
gtnhenbr [62]

Answer:

1. gain a higher market share.

2. inversely proportional to each other.

Explanation:

1. By producing a product at a lower price than the competitors a company will be at an advantage and will be providing same product at a lower price. The customer will definitely go with a low price item if two items are same in value.

2. As value creation requires cost so if the cost is reduced then some of the features will have to be foregone to achieve low cost.

5 0
3 years ago
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