Business, 22.04.2020 03:25 marahsenno

Problem 16-20 Using the payback period and unadjusted rate of return to evaluate alternative investment opportunities LO 16-4 Seth Fitch owns a small retail ice cream parlor. He is considering expanding the business and has identified an attractive investment opportunity. The investment involves purchasing a machine that would enable Mr. Fitch to offer frozen yogurt to customers. The machine would cost $8,040 and has an expected useful life of three years with no salvage value. Additional annual cash revenues and cash operating expenses associated with selling yogurt are expected to be $6,110 and $860, respectively. Required Determine the payback period for the investment. (Round your answer to 2 decimal places.) Determine the investment's annual incremental net income assuming straightline depreciation for the machine. Determine the unadjusted rate of return for the investment. (Round your answer to 2 decimal places.)

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 08:00

In addition to using the icons to adjust page margins, a user can also use

Answers: 1

Answer

Business, 22.06.2019 11:00

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Answers: 2

Answer

Business, 22.06.2019 20:00

During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above

Answers: 3

Answer

Business, 22.06.2019 21:10

This problem has been solved! see the answerthe xyz corporation is interested in possible differences in days worked by salaried employees in three departments in the financial area. a survey of 23 randomly chosen employees reveals the data shown below. because of the casual sampling methodology in this survey, the sample sizes are unequal. research question: are the mean annual attendance rates the same for employees in these three departments? days worked last year by 23 employees department days worked budgets (5 workers) 278 260 265 245 258 payables (10 workers) 205 270 220 240 255 217 266 239 240 228 pricing (8 workers) 240 258 233 256 233 242 244 249 picture click here for the excel data filefill in the missing data. (round your p-value to 4 decimal places, mean values to 1 decimal place and other answers to 2group mean n std. dev variancesbudgets payables pricing total one factor anova source ss df ms f p-value treatment error total

Answers: 2

Answer

You know the right answer?

Problem 16-20 Using the payback period and unadjusted rate of return to evaluate alternative investm...

Questions