PLEASE HELP Astore, Inc. reported the following financial data...
80.2K
Verified Solution
Question
Accounting
PLEASE HELP
Astore, Inc. reported the following financial data for the most recent year end. Sales, $330,000; operating expenses $270,000; average operating assets, $300,000; total liabilities, $240,000. The company is considering investing in a new machine that would cost $51,000. The machine should generate an additional $42,000 in sales revenue and cost approximately $30,000 to operate. The company's minimum required rate of return is 18%. What is the residual income for the new machine? $60,000$12,000$2,820$6,000 Astore, Inc. reported the following financial data for the most recent year end. Sales, $330,000; operating expenses $270,000; average operating assets, $300,000; total liabilities, $240,000. The company is considering investing in a new machine that would cost $51,000. The machine should generate an additional $42,000 in sales revenue and cost approximately $30,000 to operate. The company's minimum required rate of return is 18%. What is the return on investment (ROI) for the company after they purchase the new machine? 20% 18% 23.53\% 20.51% Astore, Inc. reported the following financial data for the most recent year end. Sales, $210,000; operating expenses $180,000; average operating assets, $200,000; total liabilities, $65,000. The company is considering investing in a new machine that would cost $30,000. The machine should generate an additional $21,000 in sales revenue and cost approximately $12,300 to operate. The company's minimum required rate of return is 14%. What is the return on investment (ROI) for the company before the potential investment? 15% 105% 29% 14%



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.