Use the Following Information for Questions

question 97

Multiple Choice

Use the following information for questions
A company is considering purchasing factory equipment that costs $400,000 and is estimated to have no salvage value at the end of its 5-year useful life.If the equipment is purchased, annual revenues are expected to be $150,000 and annual operating expenses exclusive of depreciation expense are expected to be $25,000.The straight-line method of depreciation would be used.
-If the equipment is purchased, the annual rate of return expected on this equipment is

• A)37.5%.
• B)31.25%.
• C)11.25%.
• D)6.25%.

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Corporation

A business organized under state or federal statutes as a separate legal entity.

Proprietorship

A business entity owned and run by one individual, where there is no legal distinction between the owner and the business.

Partnership

An unincorporated business form consisting of two or more persons conducting business as co-owners for profit.

Service Business

A form of enterprise offering non-physical goods or services to its clients instead of tangible products.