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belka [17]
3 years ago
13

7 points Check my workCheck My Work button is now disabled1Item 3 A company with $795,000 in operating assets is considering the

purchase of a machine that costs $85,000 and which is expected to reduce operating costs by $17,000 each year. These reductions in cost occur evenly throughout the year. The payback period for this machine in years is closest to (Ignore income taxes.): (Round your answer to 1 decimal place.)
Business
1 answer:
Mashutka [201]3 years ago
4 0

Answer:

5 years

Explanation:

Calculation to determine what The payback period for this machine in years is closest to

Using this formula

Payback period = Cost of asset / Xash flows

Let plug in the formula

Payback period=$85,000/ $17,000

Payback period= 5 years

Therefore The payback period for this machine in years is closest to 5 years

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Mekhanik [1.2K]

Answer:

Will increase to $460,000

Explanation:

Palmer Inc. currently produces 110,000 units at the rate of $440,000

Next year they are expected to produce 115,000 units

Since the cost is variable, the total cost can be calculated as

(440,000/110,000) × 115,000

= 4×115,000

= $460,000

Hence the total cost is $460,000

6 0
3 years ago
Which property classification would include tools?
Nady [450]
The answer is durable. According to AR 735-5 (Policies and Procedures for Property Accountability), a durable property is a property that is not consumed in use, does not require property book accountability, but because of its unique characteristics requires control when issued to the user. The best example for this is hand tools.  Hand tools are measured durable because they are not used up by Soldier unlike cleaning supplies. Hand tools are not on the property book. They do require a signature when issued, whether from the tool room or the supply room. When hand tools break, they must be turned in for replacements. Soldiers who misplace hand tools pay for the lost tools in order to implement supply discipline. We must have supply discipline to save Army resources for deployments, training exercises and other mission requirements. Leaders involve periodic inventories and the correct hand receipt procedures for the same reason. Hand tools are costly and Soldiers use millions of them. So, hand tools are durable because they do not get used up, unlike consumable supplies such as hand soap or motor oil, and also require some type of control when issued.
8 0
3 years ago
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The aspect of business ethics that examines business institutions from a social rather than an individual perspective is referre
MakcuM [25]

Answer: Corporate Cultural Responsibility.

Explanation:

The corporate cultural responsibility of a company are the standards members of the society have come to expect from the company based on the previous ways their members of staff have been seen to operate. Corporate Cultural responsibility can be seen in staff dress-code and work style.

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g100num [7]

Answer:

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Illiquid assets are not easy to sell. These assets may take a long time to sell or may be sold at a much cheaper price than the purchase price in order to make a quick sale. These include real estate, motor vehicles etc.

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3 years ago
If a positive externality in consumption is present in a market, then
larisa [96]
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