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Sav [38]
3 years ago
13

Vino Winery is considering the purchase of a state-of-the-art bottling machine. The new machine will cost $20,790 and will have

a useful life of 4 years. The new machine will provide net cash savings of $6000 per year. What is the internal rate of return (IRR) for the new bottling machine
Business
1 answer:
jolli1 [7]3 years ago
6 0

Answer:

the internal rate of return is 6%

Explanation:

The computation of the internal rate of return is shown below;

Given that

Years         Cash flows

0                -$20,790

1                   $6,000

2                  $6,000

3                 $6,000

4                 $6,000

Now apply the following formula i.e..

= IRR()

After applying the above formula, the internal rate of return is 6%

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Under rent control, bribery is a potential mechanism to:________
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Answer:

A). bring the total price of an apartment (including the bribe) closer to the equilibrium price.

Explanation:

Rent control can be regarded as a program set up by the government which control the limit of amount that can be demanded by landlords for leasing out a home as well as renewal of a lease. The law that govern rent control are been enacted by municipalities, and it's a way to make lower-income residents have an affordable living cost. It should be noted that Under rent control, bribery is a potential mechanism to bring the total price of an apartment (including the bribe) closer to the equilibrium price.

7 0
3 years ago
Bloomfield Bakers accounts for its investment in Clor Confectionary under the equity method. Bloomfield carried the Clor investm
blagie [28]

Answer:

28%

Explanation:

let X = the percentage of ownership of Clor Confectionery

the investment account balance = $150,150 - X$20,500 + X75,650 = $165,550

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X$55,150 = $15,400

X = $15,400 / $55,150 = 0.2792 = 27.92% ≈ 28%

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2 years ago
The original cost of the truck was $32,000. What would be the journal entry for Combs Co. to record the disposal of the delivery
Goryan [66]

Answer:

Journal Entry for disposal (or) sale of Truck

Explanation:

  • Truck (asset) sold for cash, bank, or on credit {On loss}  

Cash ac dr (or) Bank ac (or) Debtor ac (Or) ac ... dr  

P & L ac ... dr

to Truck ac ... 32000

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Cash ac dr (or) Bank ac (or) Debtor ac (Or) ac ... dr  

to Truck ac  ... 32000

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3 years ago
Suppose you would like to make a global change to the font type and font color for all slides with the comparison layout. Which
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Answer:

D. Use slide master.

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Edge

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Attorneys who work for a company and are part of the executive or mid-level management team are specifically referred to as ____
Ann [662]

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In house counsel

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