Zeppelin Inc. is evaluating the purchase of a machine that costs $260,000. The annual cash revenues from

Fantastic news! We've Found the answer you've been seeking!

Question:

Zeppelin Inc. is evaluating the purchase of a machine that costs $260,000. The annual cash revenues from the machine would be $50,000, and the annual cash expenses of the machine would be $10,000.

What is the estimated cash payback period for the machine?

Related Book For answer-question

Accounting Principles

ISBN: 978-1119411482

13th edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

See More Books

Posted Date: Mar 18, 2024 10:08 PM

See More Questions

Study the information given below and answer the following questions: (25 Marks) 1.1 Calculate the Payback Period of both machines (answers expressed in years, months and days). (5 marks) 1.2 Which...
1. A hotel has 250 rooms available for sale. Last year the hotel sold 73,000 rooms, and had $8,760,000 rooms revenue. a. What was the hotels occupancy percentage last year? b. What was the hotels ADR...
Ted agreed to purchase the assets of the recently closed Italian restaurant for $53,000 from its previous owner, subject to bank financing. The purchase cost included the restaurant's fixtures and...
3. Questions A venture capitalist (VC) is willing to invest 100m for 20% ownership of a start-up that is looking to achieve scale. All existing shares are common shares, and this deal would result in...
Alex, who is single, conducts an activity this year that is classified as a hobby. The activity produces the following revenues and expenses. Revenue...
Your Retail Store?s accountant prepared the following income statement for the ladies? accessories product line: Management is concerned about the loss and is considering dropping the product line....
On February 11, 2009, plaintiff Levista, Inc. (plaintiff) filed against defendant Ranbaxy Pharmaceuticals, Inc. (defendant), pursuant to this Courts diversity jurisdiction under 28 U.S.C. 1332(a),...
Big Sound Inc. manufactures two products: receivers and loudspeakers. The factory overhead incurred is as follows: Indirect labor .............$ 400,400 Subassembly Department ........ 198,800 Final...
Explain the advantages of the relational model. Conduct some light research on the Web and describe how it differs from other data models. Explain some alternatives to the relational model. Please...
Respond to the four writing prompts below. Your responses must include information from academic and scholarly research, including at least two resources from the CSU Online Library and at least two...
Day Inc. has 4,089 shares of 5%, $100 par value cumulative preferred stock and 94,145 shares of $1 par value common stock outstanding at December 31. What is the annual dividend on the preferred...
Briefly Explain Accounting nd taxation with examples and CGT and also Stocks? What is the CGT?
Mini Ltd leased a machine from Levi Ltd. The lease is for an item of machinery that, at the inception of the lease, has a fair value of $1,298,674. There is a bargain purchase option that Mini Ltd...
Mr. X transferred a track of land under sec 85 to Corp X. ACB of the land 100,000 and the FMV of the land is $3,000,000. In return, Mr. X received cash of 2,000,000 and common shares with a PUC and...
Assume the market price of a 14-year bond for Margaret Inc. is $1,075, and it has a par value of $1,000. The bond has an annual interest rate of 7% that is paid semiannually. What is the yield to...
This is a question from "Starting out with Python" by Tony Gaddis Chapter 8, question number 14, titles "Gas Prices" has anyone solved this? In the student sample program files for this chapter, you...
A Bloomberg Businessweek subscriber study asked, In the past 12 months, when traveling for business, what type of airline ticket did you purchase most often? A second question asked if the type of...
Blake Romney became Chief Executive Officer of Peters Inc. two years ago. At the time, the company was reporting lagging profits, and Blake was brought in to stir things up. The company has three...
Match the descriptions that follow with the corresponding terms. Descriptions: 1. ______ Inventory system in which goods are manufactured or purchased just as they are needed for sale. 2. ______ A...
Founded in 1983 and foreclosed in 1996, Beverly Hills Fan Company was located in Woodland Hills, California. With 23 employees and sales of less than $10 million, the company was relatively small. In...
Consider the two-tank liquid-level system shown in Figure 7.17. The liquid is pumped into tanks 1 and 2 through valves of linear resistances $R_{1}$ and $R_{2}$, respectively. The pressure of the...
The room shown in Figure 7.34 has a heater with heat flow rate input of $q_{0}$. The thermal capacitances of the heater and the room air are $C_{1}$ and $C_{2}$, respectively. The thermal...
Consider the single-tank liquid-level system shown in Figure 7.16, where the volume flow rate into the tank through a pipe is $q_{\mathrm{i}}$. A pump is connected to the bottom of the tank through...

Zeppelin Inc. is evaluating the purchase of a machine that costs $260,000. The annual cash revenues from

Question:

Expert Answer:

To calculate the estimated cash payback period for the machine we need ... View the full answer

Accounting Principles

Students also viewed these accounting questions