What is the return on investment

Assignment Help Accounting Basics

Reference no: EM131025216

The following information was presented by Delta Manufacturing Company for an asset purchased the previous year.

Original cost of the asset	$	35,000
Useful life of the asset		10	Years
Annual operating profit, including depreciation	$	8,200
Salvage value	$	-0-

What is the return on investment (ROI) assuming Delta (a) uses the straight-line method for depreciation and (b) beginning-of-year net book values to compute ROI? (Round your final answer to 2 decimal places.)

Reference no: EM131025216

Questions Cloud

Adequate comprehension of the facts of the given case : Read Case Analysis entitled "Mercedes-Benz: Boosting Value or Losing Esteem?" Adequate comprehension of the facts of the case; Inference from the facts of the case;

How do you balance redox reactions : How do you balance redox reactions? Cr(OH)3 + Br2 --> CrO4-2+ Br-

How much does this farm contribute to gdp each year : A farm produces $200,000 worth of corn in a year. Half of the corn, worth $100,000, is used to raise the farmer's cows, and the other half is sold at the market. This farm also earns $300,000 a year by selling milk. How much does this farm contrib..

As the number of covalent bonds : As the number of covalent bonds between two atoms increases, the distance between the atoms __________ and the strength of the bond between them __________.

What is the return on investment : What is the return on investment (ROI) assuming Delta (a) uses the straight-line method for depreciation and (b) beginning-of-year net book values to compute ROI? (Round your final answer to 2 decimal places.)

How many coins of each type did sam find : Sam founda number of nickles and dimes, and quarters in his room. he found thre more dimes than nickles but twice as many quartes as dimes. The total value of coins was $5.05, how many coins of each type did Sam find?

Carbon-carbon distance the shortest : In which of the molecules below is the carbon-carbon distance the shortest?

Indicate on your graph the half-life for the reaction : Sketch a graph for the generic first-order reaction A→ B that has concentration of A on the vertical axis and time on the horizontal axis. Is this graph linear? Explain. Indicate on your graph the half-life for the reaction.

What is the iupac : What is the IUPAC name of the following complex?[Co(NH3)5 (NO2)](NO3)2

User Account

All Pages