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
Alona [7]
3 years ago
8

Superstition Industries has a $2,000,000 asset investment and is subject to a 30% income tax rate. Cash inflows from the project

are expected to average $400,000 before tax over the next few years; in contrast, average income before tax is anticipated to be $350,000. The company's after-tax accounting rate of return on this investment is:
Business
1 answer:
nekit [7.7K]3 years ago
6 0

Answer:

12.25%

Explanation:

Calculation to determine what The company's after-tax accounting rate of return on this investment is:

Using this formula

After-tax accounting rate of return =Avarage income/Average investment

Let plug in the formula

After-tax accounting rate of return=($350,000*70%)/$2,000,000

(100%-30%=70%)

After-tax accounting rate of return=$245,000/$2,000,000

After-tax accounting rate of return=0.1225*100

After-tax accounting rate of return=12.25%

Therefore The company's after-tax accounting rate of return on this investment is:12.25%

You might be interested in
John Smith, one of three managers at BSG Labs, drafted a policy that would allow his department to do more testing in his lab. T
jok3333 [9.3K]

Answer:

b. The policy made decisions for other departments in the company.

Explanation:

John Smith made the policy alone without involving the other managers. When the policy was implemented, it had to work with other departments to ensure success.

As there are 3 managers and 3 departments at BSG Labs, John Smith should have formulated the new policy with the other managers, so that issues such as scheduling and coordination between bthe various departments will run smoothly.

3 0
3 years ago
Big Johnson Products charges Moe's Meats a lower price for goods because Moe and Johnson play golf together regularly. Big Johns
artcher [175]

Answer:

Option A is correct,price discrimination

Explanation:

Price discrimination is charging different customers different prices in the same or different markets.

There are laws that frown against price discrimination in order to ensure fairness in business dealings and to ensure the activities of price discriminator does have negative effects on consumers or businesses that rely on the price discriminator for inputs.

A typical example of price discrimination is financial aid which is common with online courses,where certain people due to their peculiarities are offered financial  assistance in their bid to study that is available to some other students.

8 0
3 years ago
Will give brainliest
lisabon 2012 [21]

Answer:

no

Explanation:

Grant writers are not essential to the success of a human services organization.

8 0
3 years ago
Read 2 more answers
When is allocative efficiency of a product achieved?
larisa86 [58]
Allocative efficiency of a product is achieved when parties are able to use the accurate and readily available data reflected in the market to make decisions about how to utilize their resources
3 0
2 years ago
The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed wh
Genrish500 [490]

Answer:

c. $1,740 F

Explanation:

The $\text{material quantity variance}$ is the measure of the $\text{difference}$ between the amount of materials that is used in actual for the production process and the amount of the material that was expected or estimated to be used in the production process.

It is given that the Snuggs Corporation applies the variable overhead on direct labor hour basis.

Therefore, the SQ = 2.8 ounces per unit x 1100 units =   3080 ounces

The materials quantity variance = (AQ - SQ) x SP

                                            = (2790 ounces - 3080 ounces) x $ 6 per ounce

                                            = (-290 ounces) x $ 6

                                            = $ 1740 F

4 0
3 years ago
Other questions:
  • The objective of _____ is to build sales, market share, and profits quickly by providing an incentive to purchase the product im
    5·1 answer
  • Generally Accepted Accounting Principles are a. theories that are based on physical laws of the universe. b. principles that hav
    15·1 answer
  • The owner of a shopping mall wishes to expand the number of shops available in the food court. She has a market researcher surve
    9·1 answer
  • Which of the following is indicative of supervisory leadership?A. Conflict is containedB. Individual performance is developedC.
    8·1 answer
  • A bank developed a model for predicting the average checking and savings account balance as balance = -17,732 + 367 * age +1300
    6·1 answer
  • The standard costs and actual costs for direct materials for the manufacture of 2,300 actual units of product are Standard Costs
    12·1 answer
  • An investor is contemplating the purchase of a 20-year bond that pays $50 interest every six months. the investor plans to hold
    6·1 answer
  • Consumer surplus is the a. amount of a good consumers get without paying anything. b. amount a consumer pays minus the amount th
    14·1 answer
  • The declaration, record, and payment dates in connection with a cash dividend of $54,000 on a corporation's common stock are Oct
    14·1 answer
  • Valley Designs issued a 90-day, 9% note for $42,000, dated April 22, to Bork Furniture Company on account. Assume 360 days in a
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!