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Pavel [41]
3 years ago
15

Chilly Company is considering investing $110,000 in a new refrigerator, designed to keep food extra crispy. The refrigerator wil

l have a useful life of 10 years, a salvage value of $10,000, and is expected to generate an annual after tax net income of $15,000 in each year of its useful life. Chilly will use the straight-line method of depreciation. What is the accounting rate of return
Business
1 answer:
Charra [1.4K]3 years ago
7 0

Answer:

25%

Explanation:

depreciation expense per year = ($110,000 - $10,000) / 10 = $10,000

average annual investment = $60,000 (carrying value after the end of year 5 or half the life of the project)

average net profit per year = $15,000

accounting rate of return = average net profit per year / average investment = $15,000 / $60,000 = 0.25 = 25%

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Alexandra has two articles about social media consumption, one from 2007 and one from 2018, that she could include in her resear
rewona [7]

Answer:

The 2018 article

Explanation:

CRAAP stands for Currency, Relevance, Authority, Accuracy, and Purpose. It is a test conducted by educationists and researchers to evaluate the credibility of a source of information. The use of Craap eliminates the possibility of using untrustworthy sources for research.

The C stands for currency, which is all about the timeliness of the information. Currency check whether the information obtained is most recent. Researchers want to know where it was published or posted and whether it has been revised. Most recent information will be acceptable in Craap compared to older data as it may be deemed outdated.

3 0
3 years ago
The Walthers Company has a semi-annual coupon bond outstanding. An increase in the market rate of interest will have which one o
professor190 [17]

Answer:

The answer is D.

Explanation:

An increase in the market rate of interest of a bond will decrease the market price of the bond. Market rate of interest of a bond is inversely related to the market price of the bond.

For example, A bonds is issued with a higher interest rate, the price of existing bonds will fall because the demand for this bond falls.

6 0
4 years ago
___ is the courts do not consider legitimate competitive behavior permissible if it results in the breaking of a contract.
grandymaker [24]

Answer:tortious interference

Explanation:

tortious interference is a law term that comes to mind when there is a breach of contract resulting from the competitor's actions. Tortious interference in Tort law(an area of law) deals with the situation in which there is damage to property emanating from intentional or negligent acts of the defendant, in this case the competitor in business. In which case the actions(competitive behaviour) of defendant is not justifiable and permissible and simultaneously breaches contract of plaintiff, it becomes tortious interference.

3 0
3 years ago
Money is the most important aspect of a job because?
dlinn [17]

It allows a fair exchange between labor and being rewarded. Which is also very ethical.

5 0
4 years ago
Read 2 more answers
Lincoln Company purchased merchandise from Grandville Corp. on September 30, 2018. Payment was made in the form of a noninterest
sattari [20]

Answer:

Dr purchases $ 15,794.56  

Cr notes payable                        $ 15,794.56  

Explanation:

The present value of the annual payments of $4,600, starting in three years' time is computed as shown below:

PV of annual payments=$4600/(1+11%)^3+$4600/(1+11%)^4+$4600/(1+11%)^5+$4600/(1+11%)^6+$4600/(1+11%)^7+$4600/(1+11%)^8=$ 15,794.56  

The amount of purchases and notes payable is $ 15,794.56  

4 0
3 years ago
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