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Dmitry_Shevchenko [17]
2 years ago
6

Midwest Fabricators Inc. is considering an investment in equipment that will replace direct labor. The equipment has a cost of $

132,000 with a $16,000 residual value and a 10-year life. The equipment will replace one employee who has an average wage of $34,000 per year. In addition, the equipment will have operating and energy costs of $5,380 per year. Determine the average rate
Business
1 answer:
sergij07 [2.7K]2 years ago
4 0

Answer:

23%

Explanation:

The computation of the average rate is shown below:

But before that following calculations to be done

Annual Depreciation is

= ($132,000  - $16,000) ÷ 10

= $11,600

The Annual Net Income would increase by

= $34,000 - $5,380 - $11,600

= $17,020

Now Average Investment is

= ($132,000 + $16,000) ÷ 2

= $74000

The Average rate of return is

= Increase in Annual Net Income ÷ Average Investment

= $17,020 ÷ $74,000

= 23%

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A small business produces a single product and reports the following​ data: Sales price ​$8.50 per unit Variable cost ​$5.25 per
ozzi

Answer:

The correct answer is Decrease by $5,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

First we calculate the previous operating income, by using following formula:

Previous operating income = ($8.5 - $5.25) × 10,000 units - $22,000

= $10,500

Now, we will calculate the current operating income by using following formula:

New operating income = ($7.5 - $5.25) 12,000  units - $22,000

= $5,000

So, the change in operating income can be calculated as

Change in operating income = New operating income - Previous operating income

= $5,000 - $10,500

= -$5,500 ( Negative shows Decrease)

= Decrease by $5,500.

8 0
3 years ago
Match each entity on the left to the correct establishment on the right.
Mumz [18]

The group or organization matchup is given below;

  • Non-state actor - terrorist.
  • International Organization -World Trade Organization, United Nations.
  • Nation-state - Canada.

<h3>What is a Nation state?</h3>

The term nation-state is known to be a any country that is territorially held together as a sovereign state.

Note that in this kind of country, it is one that is governed in the name of a community of its own people who identify or see themselves as a nation.

See full question below

Match the group or organization on the left with its correct category on the right.

non-state actor:

terrorist

International Organization:

World Trade Organization,

United Nations

nation-state: Canada

Learn more about Nation-state from

brainly.com/question/19454824

8 0
2 years ago
Barans Company purchased merchandise on account from a supplier for $12,900, terms 1/10, n/30. Barans Company returned $2,500 of
11Alexandr11 [23.1K]

Answer: See explanation

Explanation:

a. If Barans Company pays the invoice within the discount period, what is the amount of cash required for the payment?

The amount of cash required for the payment will be:

Purchases: = $12,900

Less: Returns = $2500

Less: Discount = ($12900 - $2500) × 1% = ($10400 × 1%) = $104

Cash required for payment = $10296

b. What account is credited by Barans Company to record the return?

Based on the information above, the merchandise inventory will be credited.

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3 years ago
What are the benefits associated with free trade and globalization?
Drupady [299]

Answer:

It drives economic growth, enhanced efficiency, increased innovation, and the greater fairness that accompanies a rules-based system.

7 0
2 years ago
Americans’ core value of upward mobility (i.e., success will come to anyone who works hard) has greatly influenced the way luxur
galina1969 [7]
<span>this phenomenon is an example of a Social factor

in marketing term, social factor is everything that could change people's lifestyle.
As people move toward luxurious lifestyle, they tend to care less about the high price for the product, and care more about the quality, authenticity, and the rarity of the product, so the marketing strategy need to be altered to target these characteristics</span>
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