66. (Appendix) Microsoft Co. is considering the purchase of a P100,000 machine that is expected to...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
66. (Appendix) Microsoft Co. is considering the purchase of a P100,000 machine that is expected to result in a decrease of P15,000 per year in cash expenses. This machine, which has no residual value, has an estimated useful life of 10 years and will be depreciated on a straight-line basis. For this machine, the accounting rate of return would be a. 10 percent. 15 percent. b. C. 30 percent. d. 35 percent. 66. (Appendix) Microsoft Co. is considering the purchase of a P100,000 machine that is expected to result in a decrease of P15,000 per year in cash expenses. This machine, which has no residual value, has an estimated useful life of 10 years and will be depreciated on a straight-line basis. For this machine, the accounting rate of return would be a. 10 percent. 15 percent. b. C. 30 percent. d. 35 percent.
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Study the information given below and answer the following questions: (25 Marks) 1.1 Calculate the Payback Period of both machines (answers expressed in years, months and days). (5 marks) 1.2 Which...
-
LM is a supermarket chain that operates 500 stores. The company?s sales have fallen behind its competitors as it currently does not offer its customers an online shopping service.It is considering a...
-
e. Starbucks appears to use repurchases of common equity shares as the flexible financial account for balancing the balance sheet. Common equity share repurchases are similar to dividends as a...
-
840N with Two cables AB and AC are acting on the pole with forces FAB = 420N and FAC parameters defining the attachment points shown in the table. We want to write the vector FAB in cartesian vector...
-
Distinguish between ordinary repairs and extraordinary repairs. How is each accounted for?
-
What is the present value of an annuity of $5,500 per year, with the first cash flow received three years from today and the last one received 25 years from today? Use a discount rate of 8 percent.
-
Double-entry bookkeeping means: a. There are two doors leading into the accountant's office b. Every transaction is entered twice on the debit side and twice on the credit side c. Transactions are...
-
A marketing researcher wants to estimate the mean savings ($) realized by shoppers who showroom. Showrooming is the practice of inspecting products in retail stores and then purchasing the products...
-
Present Value of $1 Periods 1% 2% 3% 4% Period 1 0.990 0.980 0.971 0.962 Period 2 0.980 0.961 0.943 0.925 5% 0.952 0.907 Period 3 0.971 0.942 0.915 0.889 0.864 Period 4 0.961 0.924 0.888 0.855 0.823...
-
Read the case What are you dream job? and answer the following question: To what extent does the case apply the various theories of motivation? Explain.
-
Decide whether the function f(t)=-16(t-1)(t+5) is a quadratic function. If so write the function in standard form, f(t) = at + bt+c. Below enter the proper values for the constants a, b, and c once...
-
If f(x) = 1 find f'(1).
-
Describe the payback period approach to capital budgeting. Explain 1 advantage and 1 disadvantage of the technique Explain why it would be wise for a financial manager to learn advanced budgeting...
-
F or ABC Widgets. Your company has a brand new employee, by the name of Mark Johnson, who e - mailed you for advice. He is upset about his paycheck. He makes 1 3 . 2 5 an hour and worked 4 0 hours...
-
A acquired 60% of the 1 million $1 ordinary shares of B on 1 July 20X0 for $3,250,000 when B's retained earnings were $2,760,000. The group policy is to measure NCI at FV at the date of acquisition....
-
Martin Jackson receives an hourly wage rate of $ 2 5 , with time and a half for all hours worked in excess of 4 0 hours during a week. Payroll data for the current week are as follows: hours worked,...
-
Clark, PA, has been engaged to perform the audit of Kent Ltd.s financial statements for the current year. Clark is about to commence auditing Kents employee pension expense. Her preliminary enquiries...
-
What is the taxable Social Security amount for Mary Mettler?
-
What is the amount of the credit to health insurance premiums payable?
-
For each of the definitions, write the letter of the appropriate term in the space provided. 1-Abusiness that is owned by one individual. 2-Abusiness that is owned by two or more individuals....
Study smarter with the SolutionInn App