Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. blaine corporation is considering replacing a tech

Blaine Corporation is considering replacing a technologically obsolete machine with a new state-of-the-art numerically controlled...

80.2K

Verified Solution

Question

Accounting

Blaine Corporation is considering replacing a technologically obsolete machine with a new state-of-the-art numerically controlled machine. The new machine would cost $140,000 and would have a fourteen-year useful life. Unfortunately, the new machine would have no salvage value. The new machine would cost $18,000 per year to operate and maintain, but would save $48,000 per year in labor and other costs. The old machine can be sold now for scrap for $14,000. The simple rate of return on the new machine is closest to: (Ignore income taxes in this problem.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

with a circles are congruent are congruent Radii

Basic Math
1.2K views

f x y 0 3x y x y In the notes we proved that the...

Basic Math
1.2K views

A ball is placed on the ground next to a tree at the top of...

Calculus
1.2K views

Therefore we need to differentiate each side of our area equation with respect to t...

Algebra
1.2K views

Convert each angle measure to decimal degree form Round your answers to three decimal places...

Algebra
1.2K views

Two northern towns are at record low temperatures. One is at -13 and the other...

Algebra
1.2K views

Given the graph of f x shown sketch the graph of the function described y...

Algebra
1.2K views

38 The perimeters of two similar trapezoids are 4 cm and 8 cm What is...

Algebra
1.2K views

A student was finding solutions to the equation 4 2 5 0 and wrote down...

Accounting
1.2K views

Cul es el propsito subyacente del componente de inters sobre los saldos de capital de...

Accounting
1.2K views

help! Glasgow Enterprises started the period with 100 units in beginning inventory...

Finance
1.2K views

can you check, my answer is correct or no ? 13 Which of...