User Account

All Pages

Determine the accounting rate of return

Assignment Help Cost Accounting
Reference no: EM13523301

Equipment is purchased at a cost of $80,000. As a result, annual cash revenues will increase by $45,000; annual cash expenses will increase by $12,000; straight-line depreciation is used; the asset has a seven-year life; the salvage value is $10,000. Assume the company is in a 34% tax bracket.

Determine the accounting rate of return (round to the nearest %)

Reference no: EM13523301

Questions Cloud

Explain carry out saponification of methyl pentanoate : If you were to carry out saponification of methyl pentanoate, would you expect the product to generate foam/froth when mixed and agitated with water. Explain
What is the new momentum of the puck : A hockey puck is sliding along the ice with nearly constant momentum ‹ 4, 0, 4 › kg · m/s, What is the new momentum of the puck
Explain analgesics derived from salicylic acid : Consider two analgesics derived from salicylic acid: acetylsalicylic acid (aspirin) and methyl salicylate (oil of wintergreen, found in muscle relaxants like "BenGay").
How far should we position the plates : We want to achieve an electric field between two parallel plates connected to a 60 V battery. How far should we position the plates
Determine the accounting rate of return : the asset has a seven-year life; the salvage value is $10,000. Assume the company is in a 34% tax bracket - Determine the accounting rate of return
Grounds for our belief that the sun will come up tomorrow : According to Hume, what are the grounds for our belief that the sun will come up tomorrow? How certain can we be that the sun will come up tomorrow? Why? What other beliefs depend on the same principle that grounds our belief that the sun will come u..
Explain ammonium carbonate dissolves in water : The chemical equations describing the hydrolysis reactions are given. By adding these reactions one can write the overall balanced net ionic equation for the reaction that occurs when ammonium carbonate dissolves in water.
Determine the total amount of overhead charged : Determine the overhead rate for each of the three cost pools and determine the total amount of overhead charged to Product G.
How is synthetic pure a priori knowledge possible : Kant’s Critique of Pure Reason is an attempt to answer the question, “How is synthetic pure a priori knowledge possible?” First, explain in ordinary English what a synthetic pure a priori knowledge is.

Reviews

Write a Review

Cost Accounting Questions & Answers

  What is the total amount of expenses

What is the total amount of expenses (ignoring taxes) that would appear in Lexicon's income statement for the year ended December 31 related to these items?

  Calculate the planned overhead absorption rates

Distribute the overheads based on an adequate basis and calculate the planned overhead absorption rates using the sequential method (use the most appropriate sequence regarding interrelationships - use book for help).

  Received the subsequent data on the monthly payroll from

received the subsequent data on the monthly payroll from the payroll clerk direct labor already recorded 23016.50 new

  Cosgrove company manufactures two products product k-7 and

cosgrove company manufactures two products product k-7 and product l-15. product l-15 is of fairly recent origin having

  How much advertising expense could be allocated

How much advertising expense could be allocated to each department and Make the required journal entries to record the above transactions and events.

  Establish control limits for sample means

Design an R- and an 1-chart for this process and the results from the last 5 samples of 10 packets are

  When oprah gave away pontiac g6 sedans to her tv audience

when oprah gave away pontiac g6 sedans to her tv audience was the value of the cars taxable?on labor day weekend in

  The sas co granted on million employee stock options on

the sas co. granted on million employee stock options on june 30 2006. each option allowed the holder to buy one share

  Calculate the ratios and amounts

Prepare a common size balance sheet and calculate the increase or decrease in dollars - calculate the ratios and amounts using two years prior as the base year using the format.

  Classique designs sells a variety of merchandise including

classique designs sells a variety of merchandise including school shoes for girls. the business began the last quarter

  Evaluate the cost of the property

Evaluate the cost of the property to be recorded in the accounts. Prepare journal entries to reflect the revaluation for both building and land of the property.

  Compute the cost of the ending inventory

Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO, (2) LIFO, and (3) average-cost.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd