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
skelet666 [1.2K]
3 years ago
12

Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The m

achine will cost $178,000, has an estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $36,562.
What is its approximate internal rate of return? (Round answer to 0 decimal place, e.g. 13%.)
Internal rate of return
Business
1 answer:
Mekhanik [1.2K]3 years ago
5 0

Answer: 10%

Explanation:

You can use Excel to solve for this.

The investment will be in negative as shown below.

Input the increase in net annual cash flows 7 times to represent 7 years.

IRR = 9.9999%

= 10%

You might be interested in
During soil testing, soil samples are obtained from
klemol [59]

Answer:

The answer is C.

Explanation:

Soil testing refers to the analysis of soil samples, in order to determine a number of things, which include nutrient availability, mineral composition, the organic matter present in the soil, etc. It is also a very important diagnostic tool for ascertaining the nutrient requirements of plants.

When carrying out soil testing on a particular site, samples are taken from different locations from the site, this includes different depths as well. This is done in order to give a general picture of what the soil on the site looks like.

3 0
3 years ago
An economist studying the market for wild Alaskan salmon determines the price elasticity of supply to be 0.43. a. In this case,
Marina86 [1]

Answer:

A. Inelastic

B. a less than 10% increase in quantity supplied

Explanation:

A supply is inelastic when a percentage change in quantity supplied is less than percentage change in price.

A supply is inelastic if the price elascitiy is less than 1.

4 0
4 years ago
Read 2 more answers
An esop: allows an owner to transfer all or part of his company to the employees as gradually or as quickly as he chooses. works
Serggg [28]
All the options given above about ESOP are TRUE. ESOP is an acronym for Employee Stock Ownership Plan. ESOP is an employee benefit plan designed as an investment stock shares in the sponsoring employer's company. In this type of arrangement, the company has the liberty to transfer the company to its employees at its own discretion. ESOP is only practicable in companies whose pre-tax profits is greater than $100,000 and whose employees are at least twenty in number.
3 0
3 years ago
Purchases$111,000 Freight-in 3,100 Sales 185,000 Sales returns 6,000 Purchases returns 4,500 In addition, the controller is awar
ivolga24 [154]

Answer:

Closing Stock = <u>38000 </u>

Explanation:

Net Sales = COGS + Gross Profit

  • <u>Net sales</u> = sales - sales return = 185000 - 6000 = 179000
  • <u>Gross Profit</u> = 60% of sales (as per gross profit ratio)

       = 60% of 179000 = 107400

  • <u>COGS </u>= Opening Stock + Net Purchase + direct expenses - Closing Stock

* <u>Net purchase</u> = Purchase - purchase return = 111000 - 4500 = 106500

*<u>Direct Expense</u> = Freight Inwards = 3100

Putting all values in formula :- Net Sales = COGS + Gross Profit

179000 = (0 + 106500 + 3100 - closing stock) + 107400

179000 = 106500 + 3100 + 107400 - closing stock

179000 = 217000 - closing stock

closing stock = 217000 - 179000

closing stock = 38000

3 0
4 years ago
Which type of training would be considered vocational training?
natulia [17]

The answer to the question given is (A) training to prepare for a career. This is because vocational tends to refer to things that are related to jobs or careers, which makes the other options not appropriate for the definition of a vocational training.

Although one can make a career out of her or his hobby, or improving one’s health, or improving relationships, the options do not state that the purposes of those three trainings are for making income, thus (A) is the best choice.

5 0
3 years ago
Read 2 more answers
Other questions:
  • At Up Style, a mall clothing store, the manager has examined the source documents, recorded all the store's transactions in an a
    9·2 answers
  • An article in BusinessWeek in 2013 reported that Fed Chairman Ben Bernanke testified to Congress that: "If we see continued impr
    12·1 answer
  • What can cell margins be useful for
    12·1 answer
  • Day care for children is a competitive industry in​ long-run equilibrium at a price of​ $60 per day. In an effort to make day ca
    6·1 answer
  • Uber Technologies, Inc. develops, markets and operates the Uber app. The app allows consumers to request an Uber driver to pick
    10·1 answer
  • What is a brand audit?
    13·2 answers
  • Name the four factors that affect population growth.
    10·1 answer
  • Assume Dell's yearly inventory cost is 30 percent to account for the cost of capital for financing the inventory, the warehouse
    7·1 answer
  • Crystal Charm Company makes handcrafted silver charms that attach to jewelry such as a necklace or bracelet. Each charm is adorn
    6·1 answer
  • Bustillo Incorporated is working on its cash budget for March. The budgeted beginning cash balance is $54,000. Budgeted cash rec
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!