Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. m11-4 calculating accounting rate of return, payba

M11-4 Calculating Accounting Rate of Return, Payback Period ILO 11-1, 11-2] Blue Marin Company is...

90.2K

Verified Solution

Question

Accounting

image
M11-4 Calculating Accounting Rate of Return, Payback Period ILO 11-1, 11-2] Blue Marin Company is considering the purchase of new equipment for its factory Iit wil cost $240,000 and have a $48 000 salvage value in five years. The annual net income trom the equpment s expected to be $28,800, and depreciation is $38,400 per year Calculate Blue Marlin's annual rate of return and payback period for the equ upment (Do not round intermediate calculations. Round your Payback Period to 2 decimal places.) ot Ret Payback Period ILO 11-1, 11-2

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 a direct formic acid fuel cell, formic acid (HCOOH) is oxidised into carbon dioxide and...

Chemistry
Q

Discuss the factors affecting the permeability of the plasma membrane. Cite references

Biology
Q

In narrative format discuss the key facts and critical issues of the life, crimes, and conviction...

Psychology
Q

list the losses in the series and parallel DC motors, and to which they are attributed.

Electrical Engineering
Q

An electron with a charge value of 1.6 x 1019 C is moving in the...

Physics
Q

2. A cord with linear mass density 14 g/m carries a traveling transverse wave moving...

Physics
Q

3 10 Use the Convolution theorem to evaluate the Laplace transform L cost cosh tt...

Geometry
Q

a x Special triangles Write answers in simplest radical form b 6 y y 60...

Statistics
Q

Next question A motorcyclist being monitored by radar accelerates at a constant rate from 0...

Calculus
Q

15. Production cost reports provide a basis for evaluating the productivity of a department A)...

Accounting
Q

The following information is available for Waterways Chocolates: Actual production ...

Accounting
Q

undefined Problem. There are two assets. Let X and Y be random variables equal...

Finance