Answer: a. 15%
b. Initial Cost divided by Annual Net Cash Inflow
Explanation:
1. Cost of new machine = $800,000
Residual value = $0
Estimated total income from machine = $300,000
Expected useful life = 5 years
Average rate of return on this asset will be calculated thus:
Firstly, we'll calculate the net income per year = Total net income / Number of years = $300000/5 = $60000
Average investment = $80000/2 = $400000
Average rate of return = Net Income per year / Average investment = $60000/$400000 = 0.15 = 15%
2. Cash payback period is computed as the initial cost divided by the annual net cash inflow. It is the amount of time that is required for the cash inflows that is generated by a particular project to be able to offset its initial cash outflow.
If you want an idea of how many people to expect, so you would like to request rsvps. What you should you keep in mind is: You can request for RSVPs, but you are not permitted to require contact information.
<h3>What is Medicare?</h3>
Medicare can be defined as a medical coverage that help to cover medical expenses of the people under the plan.
Hence, Based on the scenario what should have he mind if you want to have a clue of the number of people to expect is that you can request for RSVP but you cannot obtain the contact details.
Learn more about Medicare here:brainly.com/question/26982947
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Mutual funds carry less risk compared to single stocks
because mutual funds are more convenient and diversified. Mutual funds are
being professionally managed by money managers. They are responsible in allocating
the money to stocks, bonds or other money market securities.
Answer:
they will increase the expenses (in the income statement) and short term liabilities.
Explanation:
There are two methods that can be used to make payments. On cash basis, you can directly pay the amount, then the assets decrease (cash) and the expenses increases (wages).
If you somehow accrue the amount and pay it on a future date, then it will be regarded as short term liabilities that has to be covered up within 12 months.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Purchasing price= $57,000
Useful life= five-year
Residual value= $5,700.
To calculate the depreciation expense under the double-declining balance, we need to use the following formula:
Annual depreciation= 2*[(book value)/estimated life (years)]
Annual depreciation= 2*[(57,000 - 5,700)/5]
Annual depreciation= $20,520
Book value= 57,000 - 20,520
Book value= $36,480
