Gantner Compary is considering a capital imvestment of $300.000 in additional prodactive facilities. The new...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Gantner Compary is considering a capital imvestment of $300.000 in additional prodactive facilities. The new machinery s expected. to hove a usefullife of 5 years with no salvage vatue Deprecistion is computed by the straight-line method. During the life of the investment, annual net income and cash inflows are expected to be $27,000 and $87,000, respectively, Gantrier fas a 12% cost of capital rate, which is the minimum acceptable rate of return on the investront. Compute the annual rate of return. Annual rate of return \% Compute the cash payback period on the proposed capital expenditure. (Round answer to 2 decimal ploces, es, 15.25. Cash paybackperiod years Attempts: 0 of 1 used Question Part Score (b) The parts of this question must be completed in order. This part will be available wher you complete the part above
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.