The expected average rate of return for a proposed investment of $4,800,000 in a fixed asset, using straight-line depreciation, with a useful life of 20 years, no residual value, and an expected total net income of $10,560,000 over the 20 years is a. 24% b. 10% c. 22% d. 45%
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The expected average rate of return for a proposed investment of $4,800,000 in a fixed asset, using straight-line depreciation, with a ...” 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
An agreement among firms regarding price and/or production levels is called
Answers (1)
The financial statements for Barrington Service Company include the following items: 2019 2018 Cash $43,500 $47,000 Shortminusterm Investments 31,000 16,000 Net Accounts Receivable 62,000 56,000 Merchandise Inventory 165,000 51,000 Total Assets
Answers (1)
If a company has very competent workers, a well-established set of standard operating procedures, and few expected problems, what type of management should it adopt?
Answers (1)
Your co-worker is about five years away from retirement and she is feeling fairly risk-averse. She wants to make sure she preserves her retirement plan investments but she is also bullish on the market and wants to get some capital appreciation.
Answers (1)
Description Amount Description Amount Job No. 321 $11,000 Job No. 342 $8,300 Job No. 329 9,200 Job No. 346 5,700 Job No.
Answers (1)
New Questions in Business
Generally, firms entering foreign markets begin with: a. less risky strategies first. b. the riskiest, but most profitable endeavor. c. decentralized production.
Answers (2)
Use the following information to determine this company's cash flows from financing activities. Net income was $467,000. Issued common stock for $74,000 cash. Paid cash dividend of $13,000.
Answers (1)
Smileline Inc. has an onsite daycare facility and provides employees fultime daycare at a very low cost.
Answers (1)
The managers of Dakota Clothing regularly compare their actual profits with the firm's projected profits. When deviations occur, the managers use the feedback to take corrective action when necessary.
Answers (1)
Explain the following statement:" What goes up, must come down"
Answers (1)