User Account

All Pages

Find what the simple rate of return for the investment is

Assignment Help Managerial Accounting
Reference no: EM132979324

Joetz Corporation has gathered the following data on a proposed investment project (Ignore income taxes.):

Investment required in equipment $38,500

Annual cash inflows $9,400

Salvage value of equipment $0

Life of the investment 15years

Required rate of return 10%

The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment.

Problem 1: What the simple rate of return for the investment (rounded to the nearest tenth of a percent) is

Reference no: EM132979324

Questions Cloud

What is the retroactive adjustment to the retained earnings : What is the retroactive adjustment to the retained earnings beginning 2020? You were engaged for the first time audit of the financial statements
Suggest a likely means of improving income from operations : Suggest a likely means of improving income from operations. Explain. An examination of the accounting records of Laredo Company disclosed
Find how much does the company incur for product costs : Find how much does the company incur for product and period costs? Also, distinguish the period costs by either selling or administrative expenses.
Compute the company variable overhead spending variance : Compute the company's variable overhead spending variance for March. Standard direct labour hours allowed for March production 5 500
Find what the simple rate of return for the investment is : Joetz Corporation has gathered the following data on a proposed.What the simple rate of return for the investment (rounded to the nearest tenth of a percent) is
What distinguishes successful implementations of abc costing : What distinguishes the successful implementations of ABC costing method from those that have not succeeded? Include real-life examples from the literature
Determine a feasible solution for pie company is : To use this excess capacity, the company has two products known as Product D and Product F A feasible solution for Pie Company is?
What is the amount of the cash flow from operation : What is the amount of the cash flow from operation (OPCF) for a project in a year with $600,000 revenues, $100,000 costs, $100,000 depreciation expense
Find the objective function of chie company is : Chie Company has excess capacity on two machines, 24 hours on Machine 105 and 16 hours on Machine 107.The objective function of Chie Company is?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Examine the sensitivity of the npv to the revenue assumption

Examine the sensitivity of the NPV to the revenue assumptions. What is the NPV of this project if revenues are 8% higher than? forecast?

  Find how much of variance charged to finished goods

Assuming that unfavorable variance, significant (material) amount for this company, how much of the variance would be charged to the finished goods inventory?

  Distinguish between these different types of costs

Discuss the key differences between variable costs, fixed costs, and mixed costs and provide an example of each of these types of costs.

  Compute and reconcile the sales volume variance

Compute and reconcile the sales volume variance for August. Indicate whether the variance is favorable or unfavorable.

  Which of the statements about xbrl is false

Which of the statements about XBRL is false? XBRL should decrease time companies spend converting their financial information into various government-prescribed

  Which of the statements about non-financial measures is true

Which of the statements about non-financial measures is/are true? Non-financial measures may reflect drivers of future financial performance.

  Determine the standard unit materials cost per pound

Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent.1,400 lbs. of tomatoes

  Impacts on management actions and performance

The budgeting process and budgets themselves have significant impacts on management actions and performance, in both positive and negative ways. Your memo should direct budget managers not to utilize this approach, but also offer a logical rationa..

  How a nonprofit organization like peace corps might assign

If so is that how a nonprofit organization like Peace Corps might assign overhead costs to their operations in a particular refugee camp?

  Compute the revised break-even point in dollars

It will decrease variable costs by $3.50 per unit. Compute the revised break-even point in dollars with the purchase of the new machine.

  Why is cost-plus pricing criticized

What is the difference between the actual amount of overhead and the amount of overhead that would be included in a flexible budget called?

  Explain what is meant by a product contribution margin ratio

What is meant by a product's contribution margin ratio? How is this ratio useful in planning for trading business like a Bike dealership?

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