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
tankabanditka [31]
3 years ago
8

Crowl Corporation is investigating automating a process by purchasing a machine for $802,800 that would have a 9 year useful lif

e and no salvage value. By automating the process, the company would save $138,000 per year in cash operating costs. The new machine would replace some old equipment that would be sold for scrap now, yielding $22,200. The annual depreciation on the new machine would be $89,200. The simple rate of return on the investment is closest to (Ignore income taxes.):
Business
1 answer:
puteri [66]3 years ago
7 0

Answer:

Simple rate of return = 6.25%

Explanation:

As per the data given in the question,

Net operating income = saving - depreciation on machine

Investment =  cost price - scrap value

So, we can calculate the simple rate of return by using following formula:

Simple rate of return = Net operating income ÷ investment

By putting the value, we get

= ($138,000 - $89,200) ÷ ($802,800 - $22,200)

= 0.0625

= 6.25%

You might be interested in
Name the 3 types of MPA programs offered at Mccombs:
VikaD [51]

Answer:

Traditional MPA

Integrated MPA

ECON-MPA

Explanation:

The details of the three types of MPA program are mentioned below:

<u>Traditional MPA</u>

This is a one year program (Minimum) and is available to those who hold bachelor's degree in any discipline. This program does not require any prior work experience.

<u> Integrated MPA</u>

Program designed for McCombs undergraduates. in this pathway students earn their Bachelors and Masters (MPA) in just five years, saving them both time and money.

<u>ECON-MPA</u>

This program is developed for current UT undergraduates in economics. This helps them earn a Bachelors degree in economics and MPA degree within their period of study.

7 0
3 years ago
How can a company economically benefit by producing green products?
Crank

Answer:

the correct answer is C. by earning tax benefits

Explanation:

it is a common practice in many countries to provide tax rebates, reliefs and even special lower tax rates for environmentally friendly green products and environmental friendly production processes. this is a main way a company can benefit by having a green business model.

3 0
3 years ago
When a company has a current obligation to make a future payment to their supplier due to a shipment of supplies that were recei
Vlad1618 [11]

Answer:

Liability

Explanation:

Assets are resources controlled by an entity as a result of a past event, for which future economic benefits flow to the entity.

Liabilities on the other hand are current obligations of an entity as a result of a past event for which future economic benefits are expected to flow our of the entity.

Therefore, when a company has a current obligation to make a future payment to their supplier due to a shipment of supplies that were received last week, the company would record this transaction with an increase to an asset account ( inventory or fixed asset for the item received) and a liability account due to the obligation to make future payments.

8 0
3 years ago
A new report has shown that helmets reduce the head injuries from biking accidents. To ensure that as many individuals as possib
Radda [10]

Answer:

E. The supply curve for helmets will shift to the right.

B. The demand curve for helmets will remain the same.

Explanation:

In order to promote the use of helmets the subsidy will result in the shift of supply curve to the right because through subsidy producers are encouraged to supply more. Hence increasing the output.

Whereas the demand curve will remain the same. There will be no shift in demand curve. Only movements along the demand curve will be observed, the demand curve stays the same.

It is shown in the diagram in attachment.

6 0
3 years ago
Characteristics of just-in-time partnerships do NOT include:
kodGreya [7K]

Answer:

Answer is option b i.e. large lot sizes to save on setup costs and to gain quantity discounts.

Explanation:

The just-in-time partnership is a Japanese management strategy that increases efficiency by minimizing the inventory to manufacture products with zero defects. Toyota was the first to use this strategy to increase the quality of the manufactured product by reducing wastes and increasing productivity. This strategy does not include large lot sizes to save on setup costs but rather focuses on buying only the required amount of inventory which is required for the production. Hence, the answer is option b.

7 0
3 years ago
Other questions:
  • jorge has a new job in an office.Which of the following safety procedures will he most likely need to learn
    7·2 answers
  • The publicity bureau opened for business in 1900 "to do a general press agent business for as many clients as possible for as go
    7·1 answer
  • The following questions will test you on what you have just learned about sentence-level writing including dangling modifiers, i
    13·1 answer
  • Sue and Andrew form SA general partnership. Each person receives an equal interest in the newly created partnership. Sue contrib
    15·1 answer
  • Is management essential in profit organization give reason​
    5·1 answer
  • How do ethics and law govern how businesses conduct themselves ?
    8·1 answer
  • Who is the Father of accounting
    5·1 answer
  • Name three types of financial payment methods for labour services.
    15·1 answer
  • Are the costs of debt and equity observable in the capital markets? If not, how do you estimate that cost of capital?
    9·1 answer
  • compensating differences in wages, pay workers for: group of answer choices differences in the nonmonetary characteristics of jo
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!