1 answer

Exercise 16-14 Determining the unadjusted rate of return LO 16.4 Gibson Painting Company is considering whether...

Question:


Exercise 16-14 Determining the unadjusted rate of return LO 16.4 Gibson Painting Company is considering whether to purchase a
Exercise 16-14 Determining the unadjusted rate of return LO 16.4 Gibson Painting Company is considering whether to purchase a new spray paint machine that costs $3,400. The machine is expected to save labor, increasing net income by $340 per year. The effective life of the machine is 15 years according to the manufacturer's estimate. Required a. Determine the unadjusted rate of return based on the average cost of the investment. (Enter your answer as a whole percentage (e.g. 0.55 should be entered as 55).) Unadjusted rate of retum

Answers

Unadjusted rate of return 7% Working Notes: Spray paint machine cost = $3,400 Increase in Net income = $340 Effective life of

.

Similar Solved Questions

2 answers
92.4 is 150% of what number
92.4 is 150% of what number...
1 answer
PLEASE READ THE QUESTION BEFORE ANSWERING.( MICROBIOLOGY) I posted this question but it was not answered...
PLEASE READ THE QUESTION BEFORE ANSWERING.( MICROBIOLOGY) I posted this question but it was not answered correctly. 1.Outline three similarities and three differences of prokaryotic and eukaryotic cells. 2.Identify why the differences or similarities are relevant to understand. Consider implications...
1 answer
A grocery store is trying to predict how many packages of toilet paper rolls will be...
A grocery store is trying to predict how many packages of toilet paper rolls will be purchased over the next week. They know from their records that each customer has a 60% chance of buying 0 packages, a 30% chance of buying 1 package, an 8% chance of buying 2, and a 2% chance of buying 25. They exp...
1 answer
The force F, acting in a constant direction on the 24-kg the block when 8 = Othe block is moving ...
The force F, acting in a constant direction on the 24-kg the block when 8 = Othe block is moving to the right at v 6 m/s. The coefficient of kinetic friction between the block and surface is 0.3 (Figure 1) PartA Determine how far the block must slide before its velocity becomes 15 m/s Express your a...
1 answer
Rigid rods of negligible mass lying along the y axis connect three particles. The system rotates...
Rigid rods of negligible mass lying along the y axis connect three particles. The system rotates about the x axis with an angular speed of 4.00 rad/s. (The center of mass of mass m1 = 6.20 kg is at location yl = 4.65 m, the center of mass of m2 = 3.10 kg is at y2 = -3.10 m, and the center of mass of...
1 answer
True or Fales? A pizza shop produces half-baked, frozen pizzas. The shop specializes in two very popular pizzas, Romeo's Special (RS) and Juliet'sPepperoni (JP), and uses two processes in maki...
True or Fales? A pizza shop produces half-baked, frozen pizzas. The shop specializes in two very popular pizzas, Romeo's Special (RS) and Juliet'sPepperoni (JP), and uses two processes in making them: fixing (preparing the dough, putting on the sauce, and adding various other ingredients) an...
1 answer
Show decision variable, objective, function and restriccions A company assembles a product that consists of three...
show decision variable, objective, function and restriccions A company assembles a product that consists of three pieces called AA, BB, and CC. The AA and BB parts are manufactured by the company itself, while the CC parts are purchased from another manufacturer. The process times, in hours, require...
1 answer
A circuit consists of a 12.0-V battery connected to three resistors (42 82.22 1 and 140...
A circuit consists of a 12.0-V battery connected to three resistors (42 82.22 1 and 140 12 ) in series Part A Find the current that flows through the battery. Ford Part B Find the potential difference across the 42 S2 resistor. Express your aneu Part 0 Find the potential difference across the 22 12 ...
1 answer
Prove that the given statements are true concerning the two sequences of real numbers (an) and (b...
please i need the question (m) (n)(o) for the detailed proof and example ! thanks ! Prove that the given statements are true concerning the two sequences of real numbers (an) and (b. 0 and limn→” an-L > 0, then (m) If an, bn lim an) (lim supbn) lim sup (anbn) - (n) If an > 0 and bn ...
1 answer
*225. The following partial amortization schedule is available for Courtney Company who sold $750,000, five-year, 10%...
*225. The following partial amortization schedule is available for Courtney Company who sold $750,000, five-year, 10% bonds on January 1, 2017 for $780,000 and uses annual straight-line amortization. BOND AMORTIZATION SCHEDULE Interest Interest Periods Interest Premium to be paid Unamortized Bond Ca...
1 answer
Only question 13 ,thx! 13. If M is a finitely generated module over the P.I.D. R,...
Only question 13 ,thx! 13. If M is a finitely generated module over the P.I.D. R, describe the structure of M/Tor(M). 14. Let R be a P.I.D. and let M be a torsion R-module. Prove that M is irreducible (cf. Exercises 9 to 11 of Section 10.3) if and only if M = Rm for any nonzero element me M where th...
1 answer
D Question 1 4 pts Calculate the pressure (atm) of 1 mole of hydrogen gas at...
D Question 1 4 pts Calculate the pressure (atm) of 1 mole of hydrogen gas at 299 K using the ideal gas law for a 52.68 L flask. Round your answer to 3 decimal places. D Question 2 4 pts Calculate the pressure (atm) of 0.962 mole of hydrogen gas at 299 K using the ideal gas law for a 1 L flask. Quest...