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omeli [17]
3 years ago
14

Addison Corporation is considering the purchase of equipment that would increase sales revenues by $250,000 per year and cash op

erating expenses by $100,000 per year. The equipment would cost $400,000 and have a 5-year life with no salvage value. The simple rate of return on the investment is closest to ________. multiple choice
Business
1 answer:
yaroslaw [1]3 years ago
6 0

Answer:

17.5%

Explanation:

depreciation = 400,000 / 5 = 80,000

return = $250,000 - %100,000 - $80,000 = 70,000

70,000 / 250,000 =

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Among the actions businesses should take to improve trust in themselves and their brands are: a. All of these are correct. b. co
Stells [14]

Answer: All of these are correct

Explanation:

Some of the the actions that businesses should take to improve trust in themselves and their brands are conducting advertising campaigns to tell why they should be trusted and also aligning their business mission with the social good.

Consumers love purchasing a product that they can trust and has a well respected brand. When the people realize that the objectives of the company align with the social good and the brand is socially responsible and looks out for them, such brands will be trusted.

7 0
3 years ago
Kelley Company reports $1,250,000 of net income for 2017 and declares $175,000 of cash dividends on its preferred stock for 2017
defon

Answer:

Net income available to common stockholders is $1,075,000

Explanation:

Net Income                            $1,250,000

To Preferred Shareholders   <u>$175,000    </u>

Net income available to       <u>$1,075,000</u>

common stockholders

Basic earnings per share = Net income available to common stockholders / weighted average shares of common stock

Basic earnings per share = $1,075,000 / 380,000

Basic earnings per share = $2.8290 per share.

3 0
3 years ago
-Sally works an hourly office job from 8 a.m. until 4:30 p.m., Monday through Friday, with an hour each day for lunch. Lunch is
Jet001 [13]

Answer: False

Explanation:

The Fair Labor Standards Act enacted into law in 1938, covers the protection of employees' rights such as minimum wage, child labor laws  and overtime conditions.

According to the Fair Labor Standards Act, an employee who works overtime is entitled to a payment of one and half times their hourly pay. However overtime counts as working for more than 40 hours in a week.

Because Sally has only worked for 37 and a half hours, she will not be entitled to any overtime pay.

6 0
4 years ago
Perkins Corp. will receive 250,000 Jordanian dinar (JOD) in 360 days. The current spot rate of the dinar is $1.48, while the 360
Evgesh-ka [11]

Answer:

$370,000

Explanation:

8 0
4 years ago
Investment risk may broadly be categorized as either unsystematic or systematic risk; both types of risk together constitute tot
olganol [36]

Answer:

standard deviation

Explanation:

Systemic risk is risk inherent in a market and cannot be diversified.

systemic risk is measured by beta

unsystemic risk is risk specific to a business and it can be eliminated by diversifying portfolio

the sum of systemic and unsystemic risk gives total risk and it is measured by standard deviation

3 0
3 years ago
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