Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. blaine corporation is considering replacing a tech

Blaine Corporation is considering replacing a technologically obsolete machine with a new state-of-the-art numerically controlled...

70.2K

Verified Solution

Question

Accounting

Blaine Corporation is considering replacing a technologically obsolete machine with a new state-of-the-art numerically controlled machine. The new machine would cost $140,000 and would have a fourteen-year useful life. Unfortunately, the new machine would have no salvage value. The new machine would cost $18,000 per year to operate and maintain, but would save $48,000 per year in labor and other costs. The old machine can be sold now for scrap for $14,000. The simple rate of return on the new machine is closest to: (Ignore income taxes in this problem.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

in most ecosystems, the biomes of carnivores is greater than the biomass of producers TRUE or FALSE

Biology
Q

5) Name the data model that is only used to document a database design. 6) State the...

Programming
Q

How does the genetic information in a plant differ from that in an animal?A. It...

Biology
Q

6 What should be the value of distance d so that final image is formed...

Physics
Q

3 6 pts Tree diameters in a plot of land are normally distributed with a...

Statistics
Q

mpute 3 3 3 3 w 2xy 3yz 3xz x st y est z t

Algebra
Q

Selling and administrative expenses are considered to be

Accounting
Q

Which method is presumed to be the better one? The percentage-of-completion method or the completed-contract...

Accounting
Q

Respond to the following in a minimum of 175 words: Discuss the...

Accounting
Q

Taxpayers may find themselves unable to pay their federal income taxes when due. What are...

Accounting
Q

Anh this Question 21 Low Cost 130.000 3021 rancan0002022. The 2012 Component comencen 2017 21:45...

Accounting
Q

When gathering data, an audit team identified both subjective and objective criteria for measuring audit...

Accounting