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ExtremeBDS [4]
3 years ago
6

QS 23-14 Keep or replace LO P5 Rory Company has a machine with a book value of $79,000 and a remaining five-year useful life. A

new machine is available at a cost of $118,500, and Rory can also receive $75,000 for trading in its old machine. The new machine will reduce variable manufacturing costs by $22,000 per year over its five-year useful life. Calculate the incremental income. (Any losses or outflows should be entered with a minus sign.)
Business
1 answer:
sertanlavr [38]3 years ago
5 0

Answer:

Incremental Income = $66,500

<u></u>

Explanation:

<u>Incremental Income from Replacing Machine</u>

Incremental Income from Replacing Machine   $110,000

(5 * $22,000)

Add: Salvage value of old machine                     <u>$75,000</u>

Total Income                                                          $185,000

Less: Acquisition Cost of New Machine               <u>$118,500</u>

Incremental Income                                              <u>$66,500</u>

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Managers are increasingly viewing the world as "one big marketplace" due to globalization and the interconnectedness of national
maxonik [38]

Answer: Ethnocentric orientation

Explanation:

The options are;

A. Regiocentric orientation

B. Geocentric orientation

C. Polycentric orientation

D. Ethnocentric orientation

E. Multicentric orientation

Ethnocentric orientation is an orientation whereby one believes that their home country is superior and better than other countries and this orientation usually leads to lost opportunities that could have been used by a company to expand. Managers who see the world as​ a big​ marketplace typically have geocentric orientation.

6 0
4 years ago
Functional strategy is the set of activities that each _________ will pursue in order to help the firm accomplish its competitiv
jeka94

Answer:

department or functional area

Explanation:

Three types of strategies are identified in the management system: corporate strategy; functional strategy; of agricultural units

strategy.

1) Corporate strategy - defines perspective development of the enterprise as a whole. It focuses on the mission of the enterprise and serves the ultimate goal of the enterprise - maximizing profit. Choosing the type of economic activity at the level of the corporate strategy, maintaining the long-term competitive advantage of the enterprise; The most important issues, such as the allocation of resources across the strategic areas of the mirror, are addressed by senior managers.

2) The functional strategy of the enterprise is formed by the main functional units in each activity area, we can call these units as departments or functional areas too. Functional strategies are used in the following areas: marketing, production, finance, personnel, investment and innovation. Functional strategy of the enterprise is aimed at deeper study of its corporate strategy (realization of the main purpose of the enterprise) and provision of resources of separate economic units. Functional division managers are involved in the development of strategies for key functional units.

3) Business unit strategy - (business strategy usually serves two purposes - competitive advantage of a specific product and increase of its profitability. Business management in the new region, etc. At this level, managers and managers of business units are involved in the development of strategies, advice and assistance of managers in the development of corporate strategy.

3 0
3 years ago
Which statement explains why a follower of laissez-faire capitalism would argue that the economy grows when government avoids re
Setler [38]
B. in a free market economy, prices and wages result from natural forces

since government will not take any involvement in the economy,  prices and wages will be determined by the power of supply and demand

hope this helps
6 0
4 years ago
Planner Corporation owns 60 percent of Schedule Company’s voting shares. During 20X3, Planner produced 25,000 computer desks at
bogdanovich [222]

Answer:

Cost of Goods sold for Planner:

= Goods sold * Cost to produce

= 10,000 * 82

= $820,000

Cost of Goods sold for Schedule:

= Goods sold * Cost of acquisition

= 7,000 * 94

= $658,000

5 0
3 years ago
Find the tax on a home if the assessed value is $24,375 and the tax rate is $43.97 per $1,000
Dmitriy789 [7]

Answer:

1071.76875

Explanation:

24,375/1000=24.375

24.375x43.97=1071.76875

I dont know a thing about buisness but I like math so I hope this is correct

3 0
2 years ago
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