An Investment Cost $80,000 with No Salvage Value,a 5-Year Useful

question 60

Multiple Choice

An investment cost $80,000 with no salvage value,a 5-year useful life,and had an expected annual increase in net income of $7,000.Straight-line depreciation is used.What is the expected return on average investment?

• A)8.8%
• B)20%
• C)17.5%
• D)10.4%

---

Definitions:

Arts and Crafts

Creative activities involving the creation of artistic works, using hands-on skills in areas like woodworking, painting, or knitting.

Acceptance

The process of recognizing and welcoming reality as it is, without attempting to change or protest it.

Termination Phase

The final stage in a process, therapy, or relationship, where closure and resolution of goals are sought.

Termination Phase

The final stage in a process, therapy, or sequence where activities are concluded, and the relationship between the involved parties is officially ended.