Bark company is considering buying a machine for 180000

Assignment Help Accounting Basics
Reference no: EM13591651

Bark Company is considering buying a machine for $180,000 with an estimated life of 10 years and no salvage value. The straight-line method of depreciation will be used. The machine is expected to generate net income of $12,000 each year. The cash payback period on this investment is?

Reference no: EM13591651

Questions Cloud

Trip manufacturing company prepared a static budget of : trip manufacturing company prepared a static budget of 40000 direct labor hours with estimated overhead cost of 200000
Womgh company uses flexible budgets at normal capacity of : womgh company uses flexible budgets. at normal capacity of 8000 units budgeted manufacturing overhead is 48000 variable
A 09157-g mixture of cabr2 and nabr is dissolved in water : a 0.9157-g mixture of cabr2 and nabr is dissolved in water and agno3 is added to the solution to form agbr precipitate.
Cib inc produces a product requiring 4 pounds of material : cib inc. produces a product requiring 4 pounds of material costing 2.50 per pound. during december cib purchased 4200
Bark company is considering buying a machine for 180000 : bark company is considering buying a machine for 180000 with an estimated life of 10 years and no salvage value. the
A thin lead apron is used in dental offices to protect : a thin lead apron is used in dental offices to protect patients from harmful x rays if the sheet measures 75.0 cm by
A company has a minimum required rate of return of 9 it is : a company has a minimum required rate of return of 9. it is considering investing in a project that costs 75000 and is
Nancy gave her grandson sean twenty acres of land her tax : . nancy gave her grandson sean twenty acres of land. her tax basis in the land was 25000. nancyamp39s marginal tax rate
A company has a minimum required rate of return of 9 it is : a company has a minimum required rate of return of 9. it is considering investing in a project that costs 175000 and is

Reviews

Write a Review

Accounting Basics Questions & Answers

  Tax consequences to oriole on distribution

What are the tax consequences to Oriole Corporation on the distribution of the land? If the land is, instead, subject to liability of $700,000, what are the tax consequences to Oriole on the distribution?

  Abc company purchased investments for 60000 cash and sold

the following selected account balances were taken from abc companys general ledger at january 1 2011 and december 31

  Given the following account information for ramos

given the following account information for ramos enterprises prepare a balance sheet in report form for the company as

  Depreciation expense for the second year

Starr Company purchased a depreciable asset for $150,000. The estimated salvage value is $10,000, and the estimated useful life is 8 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the..

  Retained earnings and net of tax

At the beginning of 2008, a decision was made to change to the straight-line method of depreciation for this equipment. Assuming a 30% tax rate, the cumulative effect of this accounting change on beginning retained earnings, net of tax, is

  Green corporation a calendar year taxpayer had a deficit in

green corporation a calendar year taxpayer had a deficit in accumulated eampp of 250000 at the beginning of the current

  Determine consolidated net income-transfer prices

Slagle Corporation is a large manufacturing organization. Over the past several years, it has obtained an important component used in its production process exclusively from Harrison, Inc., a relatively small company in Topeka, Kansas. Harrison ch..

  Distributive shares of partnership income or loss

Calculate the partner's distributive shares of partnership income or loss and separately stated items.

  Esteban appleby certified public accountant cpa is an

esteban appleby certified public accountant is an assistant to the controller of summerfield consulting co. in his

  Compute the average total cost per unit

Calculate the average total cost per unit for the 16,000 units manufactured in May. Explain why this figure would not be useful to a manager interested in predicting the cost of producing 19,200 units in June.

  Dorantes manufacturing company uses a standard cost system

dorantes manufacturing company uses a standard cost system. in2010 28000 units were produced. each unit took several

  Reason for the unfavorable total budget variance

After all bills for the party were paid, the total came to $2,315. Details are $575 for hotel room rental, $640 for food, $750 for entertainment, and $350 for decorations. 100 persons attended the party. What is the main reason for the unfavorable..

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