A company buys a machine for $64,000 that has an expected life of 5 years and no salvage value. the company anticipates a yearly net income of $3,050 after taxes of 38%, with the cash flows to be received evenly throughout each year. what is the accounting rate of return?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A company buys a machine for $64,000 that has an expected life of 5 years and no salvage value. the company anticipates a yearly net income ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which type of real option allows the output and/or inputs in the production process to be altered, depending on how market conditions change during a project's life? a. Flexibility option b. Timing option c. Abandonment option
Answers (2)
George is trying to teach his two-year old son to gently caress their cat. George softly strokes the animal and every time his son does the same, he rewards him with kind words like "good job!
Answers (1)
Stellar Company borrowed $37,200 on November 1, 2020, by signing a $37,200, 9%, 3-month note. Prepare Stellar's November 1, 2020, entry; the December 31, 2020, annual adjusting entry; and the February 1, 2021, entry.
Answers (1)
Student loans, car loans, and housing loans are good examples of long-term liabilities. personal obligations. current liabilities. short-term debts.
Answers (1)
What is the differences between the establishment clause and the free exercise clausse of the 1st amendment?
Answers (1)
New Questions in Business
The back of a box of hinode harvest blend rice mix suggests cooking with chicken broth for added flavor. this is an example of
Answers (1)
Market failure occurs when Question 22 options: an unrestrained market economy leads to too few or too many resources going to a specific economic activity. one good is superior to another and drives it out of the market.
Answers (1)
Using accrual accounting, revenues are recorded a. when cash is received at the time services are performed or products have been delivered to customers b.
Answers (1)
On January 1, Great Designs Company had a debit balance of $1,985 in the office supplies account. During the month, Great Designs purchased $463 and $420 of office supplies and journalized them to the asset account upon purchasing.
Answers (1)
Because the auditors of XYX Company accepted a client firm's questionable financial statements when the infractions have occurred over time, James believes that they are· setting ill-conceived goals.· exhibiting motivated blindness.
Answers (1)