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
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%

You might be interested in
This is a function of money in which any commodity- such as gold or currency- can be saved for later use.
Zarrin [17]
I think it is Store Of Value. 
7 0
3 years ago
The price of a complementary good changes. __________ Demand shifts Movement along demand Incomes in the economy​ change; the go
ad-work [718]

NOTE: Your question isn't clear, Johnson. Would you mind checking it and writing it in a way you can be better helped?

Meanwhile, I hope these explanation below helps.

Answer and Explanation:

Two goods are said to be complementary goods if an increase in the price of a particular one leads to a commensurate decrease in the demand that buyers placed for the other one.

A good is said to be a normal good if the reason for an increase in demand is due to an increase in the income of the buyers.

A good is said to be an inferior good if there is a decrease in demand even though the buyers have experienced increase in their income.

4 0
3 years ago
The degree to which a specific finding can be applied to a broader group or population is __________.
Citrus2011 [14]
The correct answer to this is either generalizing or generalizabilty. Both mean the same and can be used interchangeably. It is basically an ability to generalize something based on a specific finding. It's not only on a broader group though, as it can also be done for its impact on natural environments based on a smaller finding.
7 0
3 years ago
Read 2 more answers
A situation in which financial or other personal considerations have the potential to compromise or bias professional judgment a
STatiana [176]
The circumstance is called Conflict of Interest. It is a circumstance in which a man or association is engaged with various interests, money related or else, one of which could degenerate the inspiration or basic leadership of that individual or association.
3 0
3 years ago
Use the expenditure multiplier to calculate the change in AD that would result from a $100 million increase in government spendi
adelina 88 [10]

Answer:

If MPC is 0.8, Change in GDP    =  $500 million

If MPC is 0.95, Change in GDP =  $2,000 million

Explanation:

<em>Expenditure Multiplier is the amount by which the real GDP will change if autonomous expenditure changes by a given amount.</em>

It is calculated as follows: 1/(1-MPC).

MPC is the portion of additional income that is spent. If the MPC is 0.8, then the expenditure multiplier will be = 1/(1-0.8) = 5

Using the first scenario with an increase in government spending by $100million, the resulting change in GDP would be

Change in GDP =  change in autonomous expenditure × Multiplier

                          = 100 ×  5 = $500 million

<em>Scenario 2, MPC of 0.95</em>

Expenditure Multiplier = 1/(1-0.95) = 20

Change in GDP= 100 × 20 = $2000 million

6 0
2 years ago
Other questions:
  • A main advantage of enterprise resource planning (erp) is that it describes a _____ that ensures connectivity and easy integrati
    6·1 answer
  • The leontief paradox describes evidence ________. in support of the predictions of the mercantilist theory that the assumptions
    14·1 answer
  • Think of a time you encountered an ethical dilemma. What was the situation? How did you react? Do you behave ethically? How do y
    13·1 answer
  • Suppose player 2 can choose its strategy before player 1, that player 1 observes player 2's choice before making her decision, a
    11·1 answer
  • Many farmers practice "crop rotation" by planting a field with corn one year and soybeans the next. why might they do this?
    9·1 answer
  • Delgado Corp. purchased some common stock of Keller Enterprises. Delgado plans to hold this stock for a minimum of five years, a
    14·1 answer
  • g Suppose a central bank wants to increase its international reserves without changing the domestic money supply. It will Select
    6·1 answer
  • What is the balance between supply and demand called ?
    6·2 answers
  • A notary signing agent wants to stand out from other nsas by guaranteeing to borrowers and contracting companies that all of her
    8·1 answer
  • If you are working remotely for a company without any hard and fast rules, what should you discuss with your manager?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!