tx Chapter 11 Quz tpx? 08437021392478713 1520739466171 connect Chapter 11 Qulz Q

Question

tx Chapter 11 Quz tpx? 08437021392478713 1520739466171 connect Chapter 11 Qulz Question 1 (of 7) ation has inwested in a machine that cost $78,000, that has a useful Iife of six years, and that has no salvege value at the end of its useful life. The machine is being depreciated by the straight-line method, based on its useful life I of return on the machine is closest to (ignore income taxes in this problem) (Round your answer to 1 place will have a payback period of four years Given these data, the simple rate o 47% 58% 83% 417% Type here to search F6 F9 F1o

Explanation / Answer

Annual net cash flows = 78000/4= $19500 Annual net income=19500-(78000/6)= $6500 Simple rate of return = 6500/78000 = 8.3% Option 3 is correct

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.