A Company Is Considering Purchasing a Machine for $21,000

question 47

Multiple Choice

A company is considering purchasing a machine for $21,000. The machine will generate an after-tax net income of $2,000 per year. Annual depreciation expense would be $1,500. The machine has no salvage value. What is the approximate accounting rate of return?

• A) 19%
• B) 33%
• C) 17%
• D) 10%
• E) 25%

Study the effectiveness of various modes of delivery for smoking cessation support.

Assess the impact of gender, media campaigns, and genetic factors on smoking behavior.

Investigate the historical, social, and psychological reasons for smoking initiation and continuation.

Understand the dynamics and processes involved in adjusting to chronic diseases.

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Definitions:

Society's Perspective

The collective viewpoints, interests, and priorities of a community or population regarding various issues or policies.

Marginal Benefit

The extra utility or satisfaction garnered by consuming one more unit of a good or service.

Marginal Cost

The amount spent on generating an extra unit of a product or service.

Optimal Amount

The most efficient, effective or desirable quantity or level.