Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. . lt. dan corporation invested $80,000 in a manufa

. Lt. Dan Corporation invested $80,000 in a manufacturing equipment. The salvage value of the...

70.2K

Verified Solution

Question

Accounting

. Lt. Dan Corporation invested $80,000 in a manufacturing equipment. The salvage value of the asset is expected to be $0. The company is expected to add $9,000 per year to the net income. Using the original cost of the asset, the unadjusted rate of return on the investment will be?

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

Write the expression in simplest form.?300a. 100?3b. 3?10c. 150d. 10?3

Algebra
Q

On December 31, 2017, Sheridan Company acquired a computer fromPlato Corporation by issuing a...

Accounting
Q

ABC Stores is a general dealer with branches throughout South Africa. Their head office is in...

Accounting
Q

Derive equation Vb=M/m*sqrt2gRcm(1-cos)

Physics
Q

Russia Japan France China 1899 Germany Britain Which of the following BEST completes the diagram...

Biology
Q

eus ent in triton mbers P v rm into 2He not allowed because of ins...

Physics
Q

Suppose two researchers wanted to determine if aspirin reduces the chance of a heart attack.Researcher...

Basic Math
Q

Evaluate the following integral 5 5 2x 3 X 1 2x 3 x 1 dx...

Calculus
Q

Michael is single. His parents can claim him as a dependent on their 2019 income...

Accounting
Q

to compiete. The builiting contractor ohered New Techno a choice of throe payment plans, as...

Accounting
Q

c) Formulate relevant recommendations to the companys management based on the results of your analysis....

Accounting
Q

A rookie quarterback is negotiating his first NFL contract. His opportunity cost is 9%. He...

Finance