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
Aloiza [94]
3 years ago
15

Crowl Corporation is investigating automating a process by purchasing a machine for $809,100 that would have a 9 year useful lif

e and no salvage value. By automating the process, the company would save $141,500 per year in cash operating costs. The new machine would replace some old equipment that would be sold for scrap now, yielding $22,900. The annual depreciation on the new machine would be $89,900. The simple rate of return on the investment is closest to (Ignore income taxes.) __________.
Business
1 answer:
Zolol [24]3 years ago
3 0

Answer:

6.5%

Explanation:

Initial investment= $809100-$22900

= $786200

Annual incremental net operating income= $141500-$89900

=$51600

Therefore, the formular for simple rate of return is:

Annual incremental net operating income/ Initial investment

= $51600/$786200

= 0.065×100

= 6.5%

Thus, the simple rate of return on the investment is closest to 6.5%

You might be interested in
Which one would be correct I’m to lazy to think :)
Levart [38]
I think it’s the second one letter B
6 0
3 years ago
Define the term corporate social responsibility and give one practical example ​
Vesna [10]

Answer:

<u>Definition:</u> Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable—to itself, its stakeholders, and the public. By practicing corporate social responsibility, also called corporate citizenship, companies can be conscious of the kind of impact they are having on all aspects of society, including economic, social, and environmental.

To engage in CSR means that, in the ordinary course of business, a company is operating in ways that enhance society and the environment, instead of contributing negatively to them.

<u>Example:</u> Starbucks has long been known for its keen sense of corporate social responsibility and commitment to sustainability and community welfare. According to the company, Starbucks has achieved many of its CSR milestones since it opened its doors. According to its 2019 Global Social Impact Report, these milestones include reaching 99% of ethically sourced coffee, creating a global network of farmers, pioneering green building throughout its stores, contributing millions of hours of community service, and creating a groundbreaking college program for its partner/employees.

Starbucks' goals for 2020 and beyond include hiring 10,000 refugees, reducing the environmental impact of its cups, and engaging its employees in environmental leadership.  Today there are many socially responsible companies whose brands are known for their CSR programs, such as Ben & Jerry's ice cream and Everlane, a clothing retailer.

Explanation:

4 0
2 years ago
The​ ________ view of social responsibility is that managers today are employees with a primary responsibility to shareholders a
ira [324]

Answer:

The​ classical view of social responsibility is that managers today are employees with a primary responsibility to shareholders and their single focus should be on generating financial returns.

Explanation:

4 0
1 year ago
An excerpt of an introduction of a cover letter about a Marketing position.
kolezko [41]

Answer:

answer is b

Explanation:

its b

8 0
3 years ago
Mike’s Bike Shop rents mopeds to tourists at the beach. The old manager charged $20 per day plus $0.05 per mile. The new manager
AnnyKZ [126]

Answer: Fixed Costs

Explanation:The Manager needs to consider the fixed cost of the business before lowering the charges to customers.

Fixed costs are cost incurred that do not vary with output. if fixed cost are lowered without proper calculation/consideration, the business might run at a loss.  

4 0
3 years ago
Other questions:
  • Denasia is planning a cruise to the Bahamas and has a budget for new evening wear of $400. The average price for a pair of shoes
    14·1 answer
  • For each of the following cases determine the ending balance in the inventory account. (Hint: First, determine the total cost of
    8·1 answer
  • The stand minus −alone cost allocation method ranks the individual users of a cost object in order of users most responsible for
    14·1 answer
  • On january 1, salow company enters into a contract to provide custom-made equipment to byhi corporation for $100,000. the contra
    14·2 answers
  • What can a cover letter explain that a résumé cannot?
    9·2 answers
  • ABC Company began its operations on March 31, 2019. Projected manufacturing overhead costs for the first three months of busines
    15·1 answer
  • Who were some of the first big business capitalists in America?
    10·1 answer
  • Sand Point Corporation's common stock recently paid a dividend of $1.50. Investors require a 16% rate of return on this stock. S
    11·1 answer
  • COMO CREES QUE SE PODRIA SOLUCIONAR LA POBREZA ?? POR FAVOR DOY CORONA , Y CORAZON ( E QUE NO SEPA NO ESCRIBA ) :(
    8·1 answer
  • ________ are a form of tax and spending rules that can affect aggregate demand in the economy without any changes in legislation
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!