12. What is the accounting rate of return for a piece of equipment costing $70,000, has...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
12. What is the accounting rate of return for a piece of equipment costing $70,000, has a useful life of 5 years and salvage value of $10,000 that provides annual cost savings of $25,000? 12. What is the accounting rate of return for a piece of equipment costing $70,000, has a useful life of 5 years and salvage value of $10,000 that provides annual cost savings of $25,000?
Expert Answer:
Answer rating: 100% (QA)
1 Calculate the annual savings Annual Savings Total Cost Savings Num... View the full answer
Posted Date:
Students also viewed these accounting questions
-
Dani Corporation has 8 . 8 million shares of common stock outstanding. The current share price is $ 5 8 , and the book value per share is $ 3 . The company also has two bond issues outstanding. The...
-
Origami Company is a price-taker and uses target pricing. Please refer to the following information: How much is the target full cost in total for the year? A) $1,440,000 B) $10,500,000 C)...
-
What is the accounting rate of return for a project that is estimated to yield total income of $390,000 over three years and costs $920,000?
-
Use the test of your choice to determine whether the following series converge. 1 + 1.3 1 3.5 + 1 5.7
-
Suppose the five landscapers in your neighborhood form a cartel and decide to restrict output to 16 lawns each per week (for a total of 80 lawns in the entire market) in order to keep prices high....
-
Peete Company was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were recorded in random order. Instructions Analyze the transactions...
-
Assume that the nominal interest rate in Mexico is 48 percent and the interest rate in the United States is 8 percent for 1-year securities that are free from default risk. What does the IFE suggest...
-
In what way could African slaves maintain a degree of control over their situation as salves and their being forced to live a foreign culture?
-
The following information was primarily collected through which means? Income & Poverty Median household income (in 2016 dollars), 2012-2016 $55,322 Per capita income in pas 12 months (in 2016),...
-
ToasToe Inc. (TI) is a manufacturer of heating elements for toaster ovens. To improve control over operations, the president wants to install a flexible budgeting system, rather than the single...
-
Randy sold 1,000 shares of SP, Inc. stock to his son, Stan. Randy initially paid $50 per share for the stock, but sold it to Stan for $30 per share. If Stan sells the stock to an unrelated party for...
-
Explore the organization of a sheriff's department as well as potential career opportunities in the justice system. Part 1: create a organizational chart of your local sheriff's office, to include...
-
Given the first few sorted lines from a historical simulation (with equal weightings) on a portfolio's gains over the past 600 days below,what would be the 99%VaRof this portfolio? Gains ($) -370...
-
Derive an expression for the growth rate of capital-per-worker as a function of capital-per-worker and parameters. Use a diagram to illustrate this relationship and discuss the role of capital accu-...
-
Please assist me with the following questions: Has family law developed primarily through statutory or common law? What are some of the causes of action in Family Law? What are some of the defenses...
-
What is a strength of Quality Circles as an OD intervention? Question 8 Answer a . Limited employee involvement b . Quick decision - making c . Employee empowerment and problem - solving d . Lack of...
-
Evaluate each logarithm to four decimal places. log 0.257
-
In the previous question, the Australian interest rates increased from 6 to 11 percent. According to the IFE, what is the underlying factor that would cause such a change? Give an explanation based...
-
Forecasting the Future Spot Rate Based on IFE. Assume that the spot exchange rate of the Singapore dollar is $.70. The 1-year interest rate is 11 percent in the United States and 7 percent in...
-
Comparing PPP and IFE. How is it possible for PPP to hold if the IFE does not?
Study smarter with the SolutionInn App