A company is considering the purchase of a new machine for

Assignment Help Accounting Basics
Reference no: EM13612407

A company is considering the purchase of a new machine for $48000. management predicts that the machine can produce sales of $16000 each year for the next ten years. Expenses are expected to include direct labor, and factory overhead totaling $8000 per year plus depreciation of $4000 per year. the company tax rate is 40%. what is the payback period for the new machine?

Reference no: EM13612407

Questions Cloud

If a 6 person volleyball team is selected at random from : a recreational club has 15 members. 9 of the club members are men and 6 are women. show all work1. in how many ways can
Calculate the magnetic force on one of these poles 609 m : stainless-steel poles were arranged by an artist for the purpose of producing an enhanced display of lightning in a
Does a euler path exist for this graph explain does an : imagine a very large connected graph that has two odd vertices and 398 even vertices.a does a euler path exist
For an eight year period diane deposited 600 each quarter : for an eight year period diane deposited 600 each quarter into an account paying 3.6 annual interest compounded
A company is considering the purchase of a new machine for : a company is considering the purchase of a new machine for 48000. management predicts that the machine can produce
A singly charged 7li ion has a mass of 116 10-26 kg it is : a singly charged 7li ion has a mass of 1.16 10-26 kg. it is accelerated through a potential difference of 504 v and
Sales 283880 271800 253680 235560 151000 cost of goods : sales 283880 271800 253680 235560 151000 cost of goods sold 129200 123080 116280 107440 68000 accounts receivable
A box full of books rests on a wooden floor the normal : a box full of books rests on a wooden floor. the normal force the floor exerts on the box is 235 n. a you push
Select a public company and down a copy of the companys : select a public company and down a copy of the companys most recent annual report. as you are aware of the balance

Reviews

Write a Review

Accounting Basics Questions & Answers

  What would be the book value at end of year 1

A truck costs $16,000 with a residual value of $1,000. It has an estimated useful life of 5 years. If the truck was bought on July 3, what would be the book value at end of year 1?

  Northeast airlines is considering two alternatives for the

northeast airlines is considering two alternatives for the financing of a purchase of a fleet of airplanes. these two

  Determining basic earnings per share-paul company

Paul Company had 100,000 shares of common stock outstanding on January 1, 2009. On September 30, 2009, Paul sold 48,000 shares of common stock for cash. Compute basic earnings per share for 2009.

  Lakshmi is single and provides you with the following tax

lakshmi is single and provides you with the following tax information for 2012 salary 200000 bank account interest 1000

  How does the aicpa code of professional conduct relate

How does the AICPA Code of Professional Conduct relate to ethics? Provide examples to support your response.

  Regression analysis

Blacken Company manufactures motorcycles. The company's management accountant wans to calculate the fixed and variable costs associated with utility cost incurred by the factory. Data for the past five months were collected.

  Determine amount of cash received-prepare journal entries

Determine the amount of cash received and prepare the journal entries for (a) the Jan. 1 issuance and (b) the Dec. 31 recognition of interest.

  What is brazels ending wip balance

What is Brazel's endingWIP balance?

  Indiana co start a construction project in 2006 that will

indiana co. began a construction project in 2006 that will provide it 150 million when it is completed in 2008. during

  Advantage and disadvantages of budgeting

The break even or cost volume profit (CVP) model is based on a number of assumptions. Discuss these assumptions and whether or not they are correct in the real world. Finally, discuss how CVP analysis can be useful in planning. Describe the advant..

  Corporation payout ratio

Ferman Corporation's common stockholders' equity at the beginning and end of 2010 was $870,000 and $1,130,000, respectively. Ferman Corporation's payout ratio for 2010 was ?

  Davenport corporation reported net sales of 800000 cost of

davenport corporation reported net sales of 800000 cost of goods sold of 520000 operating expenses of 210000 and net

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd