Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 2 the following data are available for a

question 2 the following data are available for a foundry operation started as a new...

50.1K

Verified Solution

Question

Accounting

question 2

the following data are available for a foundry operation started as a new company four years ago when the construction cost index was 125

current liabilities $170000

operating income $176200

NBV long term assets (end year 3) $687500

current assets $300000

GROSS BOOK VALUE $1100000

estimated total useful life 8 years

Age of assets 4 years

construction cost index end of year 4 150

of long term assets at historical cost

what is the ROI using current cost ?

1-12%

2-22.50%

3-(11.50)%

4-11.25%

5-16%

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

x 32 x 1 X 5 15 Use variation of parameters to solve the nonhomogeneous...

Basic Math
Q

Problem 2: Indirect and Euclidean proofs (40 pts) For the following problems, you must use an...

Advance Math
Q

Define. (a) Descriptive statistics (b)Inferential Statistics (c)Nominal Data (d) Ordinal data (e)Standard deviation

Basic Math
Q

A function is defined by f x 4x Graph f x and f 1 x...

Geometry
Q

T 16x 10 W 67 V

Geometry
Q

2 21 52

Geometry
Q

The following information is for Kowloon Company: 20X2 20X1 Loans Payable $12,000 $25,000 Retained Earnings...

Accounting
Q

Current Attempt in Progress Victor Mineri, the new controller of Wilhorse Co, has reviewed the...

Accounting
Q

Please explain in detail both solutions CyCJ LICULUI LUUL UL SUUS...

Accounting
Q

Describe a challenge that a member of the finance team may face in securing a...

Accounting
Q

please give a detailled answer, show the calculation needed to choose the correct statement(s) ...

Finance
Q

In general, the answer to all tax questions or issues must be traced to: ...

Accounting