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Question 15 (1 point) The Jason Company is considering the purchase of a machine that will increase revenues by $32,000 each year. Cash outflows for
Question 15 (1 point) The Jason Company is considering the purchase of a machine that will increase revenues by $32,000 each year. Cash outflows for operating expenses for this machine will be $6,000 each year plus $13,000 for deprecation expense each year. The cost of the machine is $65,000. For capital budgeting purposes for evaluating this machine, what is the accounting rate of return? 09.2%. 0 20.0%. 0 40.0%. 049.2%. Question 16 (1 point) What adjusting journal entry is needed to record depreciation expense for the period? O a debit to Depreciation Expense; a credit to Cash a debit to Depreciation Expense; a credit to Accumulated Depreciation a debit to Accumulated Depreciation; a credit to Depreciation Expense Oa debit to Accumulated Depreciation; a credit to Cash
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