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Juli2301 [7.4K]
3 years ago
7

Carmel Corporation is considering the purchase of a machine costing $47,000 with a 7-year useful life and no salvage value. Carm

el uses straight-line depreciation and assumes that the annual cash inflow from the machine will be received uniformly throughout each year. In calculating the accounting rate of return, what is Carmel's average investment
Business
1 answer:
Nitella [24]3 years ago
3 0

Answer:

$23,500

Explanation:

The average accounting rate of return is the rate of return on the investment in the project considering the average annual net income and the average amount of investment made in the project.

In other words, it is the average annual net income expressed as a percentage of the average investment as shown below

average accounting rate of return =average annual net income / average investment.  

average investment=(initial capital outlay+book value of the project at end of useful life)/2

initial capital outlay=$47,000

book value of the project at end of useful life=$0

average investment=($47,000+$0)/2

average investment=$23,500

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Your payment of $123005.12 was received on June 3 2006 by our offices in Macon Georgia. Your payment of $123,005.12 was received
Stella [2.4K]

Answer:

Your payment of $123,005.12 was received on June 3, 2006, by our offices in Macon, Georgia.

Explanation:

Period are placed between the digits of written Numbers or figures use to separate different places like thousands, millions etc. starting leftward from the decimal point Just like $123,005.12. While for a three-part date, commas are placed between   the date with month and year . It will be June 3, 2006. The name of a place which mention the city and country require a comma between the city name and country name like Macon, Georgia.

The correct punctuated statement is " Your payment of $123,005.12 was received on June 3, 2006, by our offices in Macon, Georgia."

Corrections are

Your payment of $123005.12 was received on June 3 2006 by our offices in Macon Georgia.

No commas have been used in Figures, date and Place name.

Your payment of $123005.12 was received on June 3 2006, by our offices in Macon, Georgia.

The Periods in figure are missing, it should be as $123,005.12

Your payment of $123,005.12 was received on June 3, 2006 by our offices in Macon Georgia.

The commas to separate the places name is missing, it should be Macon, Georgia.

4 0
3 years ago
The following 3 questions are based on this information. Kings Department Store has 625 rubies, 800 diamonds, and 700 emeralds f
ExtremeBDS [4]

Answer:

129 bracelets and 59 necklaces.

Explanation:

Kings departments store wants to maximize profit by making a combination of its two products necklaces and bracelets. The King store should use a strategy so that it can generate maximum profit with its available rubies, diamonds and emeralds.  

$250a + $500b = Maximum Profit

For rubies : 2a + 5b = 625

For Diamonds : 3a + 7b = 800

For Emeralds: 4a + 3b = 700

Solving the equation we get maximum profit value of $61,750.The King departments stores should make 129 bracelets and 59 necklaces which will bring maximum profit to the store.

7 0
3 years ago
What are the 4 targeting strategies a company can use to select a target market? Explain each one.
Maslowich
Undifferentiated Marketing, Multi-Segment Targeting, Focus Targeting, and Customized Marketing.

Hope this helps!
5 0
3 years ago
If Inga Ingerton's property, valued at $35,000, is assessed at 40% of its value, and the mill levy is 8.3%, then what is Inga's
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Inga Ingerton's assets price = $35,000, ; Assessed fee = 40% = 0.forty, ; mill levy rate = 83, ; Inga's annual tax on belongings = $14,000 x zero.083.

Annual taxes are generally designed to price for a mixture of interest or repute of a person for a tax yr. A tax year usually is much like a calendar year however it is able to additionally be a 12-month duration whenever a central authority corporation wants to control a given annual tax. Annual taxes are not limited to one level of government.

In a nutshell, to estimate taxable earnings, we take gross income and subtract tax deductions. what's left is taxable profits. Then we practice the ideal tax bracket (based totally on earnings and filing popularity) to calculate tax legal responsibility.

The costs observe in taxable profits—adjusted gross income minus both the usual deduction or allowable itemized deductions. profits as much as the same old deduction (or itemized deductions) is for that reason taxed at a 0 price. Federal profits tax quotes are progressive: As taxable income will increase, it's far taxed at better fees.

Learn more about annual tax here: brainly.com/question/26316390

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5 0
1 year ago
How did the economic policies of the republican controlled congress redefine the character of the federal government?
leva [86]
Economic policies of the Republican controlled congress redefined the character of the federal government by changing <span> the way it was viewed as by implementing Clay's program and creating an integrated national banking system that won support by farmers, workers and entrepreneurs that bolstered the Union's ability to fight a long war. Hope this answer helps.</span>
7 0
3 years ago
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