The management of duker corporation is investigating purchasing equipment that would increase sales revenues by $130,000 per year and cash operating expenses by $39,000 per year. the equipment would cost $328,000 and have an 8 year life with no salvage value. the simple rate of return on the investment is closest to:
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The management of duker corporation is investigating purchasing equipment that would increase sales revenues by $130,000 per year and cash ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
These lists provide information about two jobs. Which statement best compares the two jobs? Job A has a lower salary than job B, but the benefits make job A a more attractive pay package.
Answers (1)
Wilderness Adventures specializes in back-country tours and resort management. Travel Excitement specializes in making travel reservations and promoting vacation travel.
Answers (1)
The first electronic stock market is known as
Answers (1)
Shoe Box Stores is currently an all-equity firm with 25,000 shares of stock outstanding. Management is considering changing the capital structure to 35 percent debt. The interest rate on the debt would be 8 percent. Ignore taxes.
Answers (1)
Sam and Tim decide to go into business, selling discounted merchandise through their Web site "e-Buy." They sign a partnership agreement that requires Sam to contribute $12,000 and Tim to contribute $8,000 in capital to start the firm.
Answers (1)
New Questions in Business
In year 1 the CPI is 140, and in year 2 the CPI is 154. From year 1 to year 2, Maria's salary rises from $43,000 to $48,000, and Daisy's salary rises from $65,000 to $70,000. Who is "more than keeping up with inflation"?
Answers (2)
Under a perpetual inventory system: a) purchases on account are debited to Purchases. b) purchase returns are debited to Purchase Returns and Allowances. c) freight costs are debited to Freight-Out. d) purchases on account are debited to Inventory.
Answers (1)
Prepare various types of budgets
Answers (1)
On October 1, 20X3, Green Corporation paid $450,000 for all of Yellow Company's outstanding common stock.
Answers (1)
What is the lowest level of the permanent party organization in texas?
Answers (1)