Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please show all work- need answer asap a company i

PLEASE SHOW ALL WORK- NEED ANSWER ASAP A company is considering purchasing factory equipment that...

90.2K

Verified Solution

Question

Accounting

PLEASE SHOW ALL WORK- NEED ANSWER ASAP

A company is considering purchasing factory equipment that costs $480,000 and is estimated to have no salvage value at the end of its 8-year useful life. If the equipment is purchased, annual revenues are expected to be $135,000 and annual operating expenses exclusive of depreciation expense are expected to be $39,000. The straight-line method of depreciation would be used. 21. If the equipment is purchased, the annual rate of return expected on this equipment is A) 40.0%. B) 7.5%. C) 15.0%. D) 20.0%.

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

Test for symmetry and graph the polar equation r 6 6 sin 0 a Is...

Basic Math
Q

Describe the reason why the scientific method is the basis for scientific discovery and the role...

Physics
Q

The production department of Zan Corporation has submitted the following forecast of units to be produced...

Accounting
Q

Find the value of x so that AABC AWRY x 3 B Type your answer...

Geometry
Q

6 Madison is making a cup holder to go around her school water bottle She...

Geometry
Q

Letr be the following relation on the set Z cry if and only if y...

Basic Math
Q

The frequency of breakdown of a machine that issues lottery tickets is given in the...

Basic Math
Q

Drag each tile to the correct box Not all tiles will be used A baker...

Basic Math
Q

20 points A car s stopping distance in feet is modeled by the equation d...

Algebra
Q

8. Identify and describe the management assertions relevant to: (a) inventory and (b) accounts payable....

Accounting
Q

Thank you in advance! Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells...

Accounting
Q

Using 6% guiding rate, what is the present value of 15 annual lease revenues of...

Accounting