Question
The production department is proposing the purchase of an automatic insertion machine. It has identified three machines and has asked the accountant to analyze them
The production department is proposing the purchase of an automatic insertion machine. It has identified three machines and has asked the accountant to analyze them to determine the best average rate of return. Which machine has the best average rate of return?
| Machine A | Machine B | Machine C | |
| Estimated average annual income | $44,792.02 | $66,801.30 | $69,853.35 |
| Average investment | $319,943.00 | $222,671.00 | $465,689.00 |
a.Machine C
b.Machine B
c.Machine A or B
d.Machine A
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Accounting What The World's Best Forensic Accountants And Auditors Know About Forensic Accounting And Auditing That You Dont
Authors: Greg Shields
1st Edition
1647483255, 978-1647483258
