Nguyen Company Has an Opportunity to Purchase an Asset That

question 102

Multiple Choice

Nguyen Company has an opportunity to purchase an asset that will cost the company $36,000.The asset is expected to add $12,000 per year to the company's net income.Assuming the asset has a five-year useful life and zero salvage value,the unadjusted rate of return based on the average investment will be:

• A) 60%.
• B) 33%.
• C) 15%.
• D) none of these answers is correct.

Comprehend the importance of ethical standards in a multicultural work environment.

Recognize the role of leadership in promoting ethical behavior in the workplace.

Understand the significance of sustainability in enhancing organizational innovation.

Recognize the potential benefits of sustainability on an organization's supply chain.

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Definitions:

Consumers

Individuals or households that use goods and services generated within the economy.

Sellers

Individuals or entities that offer products, goods, or services for sale to buyers.

Tax Increase

The act of raising the amount of money government collects from taxes, often to fund public services or reduce budget deficits.

Price Ceiling

A price ceiling is a regulatory limit on the price that can be charged for a commodity in the market, intended to protect consumers from excessively high prices.