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Question - Denny Corporation is considering replacing a technologically obsolete machine with a new state-of-the-art numerically controlled machine. The new machine would cost $300,000 and would have a fifteen-year useful life. Unfortunately, the new machine would have no salvage value. The new machine would cost $50,000 per year to operate and maintain, but would save $91,000 per year in labor and other costs. The old machine can be sold now for scrap for $30,000. Find the simple rate of return on the new machine?
Calculate the present value of your lottery winnings, assuming an interest rate of 4% (Round your answer to the nearest whole dollar.)
Calculating the gross margin for the current year under audit as a percent of sales and comparing it with previous years is what type of evidence?
Explain whether the ratios are leverage or profitability ratios. If a leverage ratio, is it coverage or capital structure? What is the difference between the two? If a profitability ratio, discuss why it is not completely satisfactory for measurin..
The CEBU BRANCH of MOCHI Company is billed for merchandise by the home office at 20 percent (20%) above cost. The branch in turn prices merchandise for sale.
What is the difference between an "underwriter" and a "broker-dealer in securities?" What is the difference between a broker and a dealer
explain how inflation or purchasing power impacts stated or nominal interest rates.what are the pros and cons of
Estimate the change in the company's net operating income if it were to increase its total sales by $1,800.
If Stanley prepares a contribution margin income statement for the month of June, calculate the contribution margin
The production budget of XYZ company for the coming year is presented below: Sales units 30000. Compute the Profit on projected sales
how do operatign leases differ from capital leases? how do we account for them from both the lessors and lessees
How much would have to pay every quarter to cover the loan? If we ask for a loan of 5,000,000 at an annual interest rate of 1% compounded quarterly, to be paid.
On December 31, Strike Company sold one of its batting cages for $25,290. What is the amount of the gain or loss on this transaction
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