User Account

All Pages

Calculate the accounting rate of return of the system

Assignment Help Managerial Accounting
Reference no: EM133171436

Question - John's House of Music wants to purchase TransposeIt, a system that transposes any song in its database and prints sheet music in the requested key. This system allows singers to obtain sheet music in keys that are suitable to their vocal range. The software for the system costs $11,400; a new computer and a laser printer costing $4,600 will be needed to run the system. John estimates that the system will generate additional annual sales revenue of $24,200 and that annual cash expenditures will be $18,151. John uses straight-line depreciation. The software, computer, and printer will have a useful life of 5 years. The system will have a $155 salvage value at the end of its 5-year useful life.

Required -

Calculate the annual net operating income generated by the system.

Calculate the accounting rate of return of the system.

Reference no: EM133171436

Questions Cloud

What is appropriate adjusting entry for patent amortization : Van Frank Telecommunications has a patent on a cellular transmission process. What is appropriate adjusting entry for patent amortization
Create Machine Learning models : Create Machine Learning models which correctly predicts a win for the Indian Cricket Team. Once a model is developed then you have to extract actionable insight
What would be the amount related to the note : What would be the amount related to the note that Merit would report in its statement of cash flows for the year ended December 31, 2021
Describe nestle basic organizational structure : Describe Nestle's basic organizational structure with evidence that supports your findings. Use at least 3 design dimensions in your description and describe wh
Calculate the accounting rate of return of the system : This system allows singers to obtain sheet music in keys that are suitable to their vocal range. Calculate the accounting rate of return of the system
Estimating the economic order quantity : a. What would be the economic order quantity (EOQ) and re-order point assuming 300 days in a year.
Search for juvenile program : Conduct an internet search for a juvenile program in your city or state that provides an alternative to incarceration.
Capitalizing on global and regional integration : You are hired as a consultant to help a midsize U.S.-based company expand into new regions. The company is currently only in the U.S. domestic market.
Calculate the sensitivity of project npv : Calculate the sensitivity of project NPV to changes in the price of the new clubs and the quantify of the new clubs sold

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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