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
zmey [24]
3 years ago
14

Joe's Hardware is adding a new product line that will require an investment of $ 1 comma 540 comma 000. Managers estimate that t

his investment will have a​ 10-year life and generate net cash inflows of $ 305 comma 000 the first​ year, $ 265 comma 000 the second​ year, and $ 230 comma 000 each year thereafter for eight years. The investment has no residual value. Compute the ARR for the investment. ​First, enter the​ formula, then compute the ARR of the new product line. ​(Enter your answer as a percent rounded to two decimal​ places
Business
1 answer:
andrew-mc [135]3 years ago
6 0

Answer:

ARR=15.82%

Explanation:

Joe's Hardware

Cash flow 1,540,000

Average Cash flow =305,000+265,000+(6×230,000)/8

Average Cash flow =305,000+265,000+1,380,000/8

=1,950,000/8

=243,750

ARR= Average Annual Operating Income/ Initial investment

=243,750/1,540,000

ARR=15.82%

You might be interested in
Samantha believes in interference theory. What does she MOST likely believe? A. Past information can get in the way of learning
Alex787 [66]

Answer:

A: "Past information can get in the way of learning new things."

7 0
2 years ago
Why is the demand for most services--such as popular restaurants--extremely time-and-place dependent?
arlik [135]
The reason why the demand is extremely time-and-place dependent would be: <span>Because customers must be present for service to be delivered
</span>customers must be present for services businesses because Unlike merchandising business, service business focused on the enhance Customer's experience rather than focus on selling the product.
8 0
3 years ago
Mass media can be employed to publicize a cause or product by distributing information that is distorted or exaggerated. What is
Kryger [21]

Explanation:

to you ggagsusgfaaywugahagagttsgsy<em>y</em><em>y</em><em>e</em>

6 0
3 years ago
Which of the following would further an economic goal of efficiency?
max2010maxim [7]

Answer:

The correct answer is (C)

Explanation:

Economics is all about allocating limited resources to attain maximum utility. In that regard, efficiency can be achieved by giving contracts to companies with higher productivity. These companies are all about attaining maximum productivity by investing limited resource. More productivity will increase the utility, and that will improve economic efficiency. So it is critical to give projects and contracts to certain companies which can increase the overall productivity.

7 0
3 years ago
A person whose license has been cancelled or revoked, whether by voluntary action or by disciplinary action of the Board, may af
butalik [34]

Answer:

The appropriate fill-in-the-blank is 05 years. Thus the statement becomes

A person whose license has been cancelled or revoked, whether by voluntary action or by disciplinary action of the Board, may after <u>05</u> years from the effective date of such cancellation or revocation, petition the Board for reinstatement of the license, unless another time is provided in the cancellation or revocation order, or unless no provision was made in the order for reinstatement. This section does not apply to licensees who let their licenses lapse for non-payment of renewal fees or licensees against whom a cancellation or revocation proceeding is not pending before the Board or in any other jurisdiction.

Explanation:

According to the KRS 335.360, A person whose license has been revoked is eligible to apply for reinstatement after 05 years.

4 0
3 years ago
Other questions:
  • A foreign subsidiary of the Bart Corporation has certain balance sheet accounts on December 31, 20X2. Information relating to th
    8·1 answer
  • Certain balance sheet accounts of a foreign subsidiary of the Rose Co. had been stated in U.S. dollars as follows: Stated at Cur
    14·1 answer
  • The assets section of a classified balance sheet usually includes the subgroups: Multiple Choice Current
    8·1 answer
  • Josiah emptied his piggy bank and discovered he had 35 coins consisting of dimes and nickels. If the total amount of money he ha
    11·1 answer
  • Which best describes why investing can be such a challenge?
    11·2 answers
  • Which of the following employees is most at risk of repetitive strain injury?
    15·2 answers
  • Is management essential in profit organization give reason​
    5·1 answer
  • Group of answer choicesThe horizon value is calculated by discounting the free cash flows beyond the horizon date and any tax sa
    14·1 answer
  • The total of all accumulated and unpaid deficits a situation in which revenue exceeds outlays a situation in which outlays excee
    15·1 answer
  • A manufacturing company has units to produce of 940 units for the month. Each unit requires 3.5 hours of labor to produce. The c
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!