Question
Bartlett Car Wash Co. is considering the purchase of a new facility. It would allow Bartlett to increase its net income by $107,681 per year.
Bartlett Car Wash Co. is considering the purchase of a new facility. It would allow Bartlett to increase its net income by $107,681 per year. Other information about this proposed project follows:
| Initial investment | $ | 520,200 | |
| Useful life | 10 | years | |
| Salvage value | $ | 51,000 | |
| Assume straight line depreciation method is used. |
| Required: | |
| 1. | Calculate and the accounting rate of return for Bartlett. (Round your answer to 2 decimal places.) |
| 2. | Calculate and the payback period for Bartlett. (Round your answer to 2 decimal places.) |
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Management Reporting Und Behavioral Accounting Verhaltenswirkungen Des Berichtswesens Im Unternehmen
Authors: Andreas Taschner
2nd., 2nd. Auflage Aufl. 2019 Edition
3658234911, 978-3658234911
