A Company Buys a Machine for $60,000 That Has an Expected

question 92

Multiple Choice

A company buys a machine for $60,000 that has an expected life of nine years and no salvage value.The company anticipates a yearly net income of $2,850 after taxes of 30%,with the cash flows to be received evenly throughout of each year.What is the accounting rate of return?

• A) 2.85%
• B) 4.75%
• C) 6.65%
• D) 9.50%
• E) 42.75%

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Combine Shapes

A feature in graphics software that allows the user to merge two or more shapes into one complex shape.

Resize

The process of changing the dimensions of an image, window, or other display objects on a computer screen.

Bring To Front

A command in graphic software that moves the selected object or layer to the top of the stacking order.

Send To Back

A command in graphic design and document editing software that moves the selected object behind all others in the document or canvas.