Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. simple rate of return method the management of s

Simple Rate of Return Method The management of Stillford Micro Brew is considering...

80.2K

Verified Solution

Question

Accounting

Simple Rate of Return Method

The management of Stillford Micro Brew is considering the purchase of an automated bottling machine for $80,000. The machine would replace an old piece of equipment that costs $33,000 per year to operate. The new machine would cost $10,000 per year to operate. The old machine currently in use could be sold now for a scrap value of $5,000. The new machine would have a useful life of 10 years with no salvage value.

Required:

Compute the simple rate of return on the new automated bottling machine.

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

Physics
1.2K views

Discuss the formation of shadows from broad and point light sources. (this could be an eclipse). TY!

Psychology
1.2K views

Ideal Foods is one of the largest biscuit manufacturers in the UK with brands such Jammie Dodgers...

Psychology
1.2K views

In the shock obedience experiment by Stanley Milgrim could this experiment take place today? According to...

Advance Math
1.2K views

The emergency room at Hosptal Systems, Inc. (HIS) serves patients who arrive according to a Poisson...

Accounting
1.2K views

Marquis Company uses a weighted-average perpetual inventory system and has the following purchases...

Accounting
1.2K views

please help with all problems and show equations!!!!! sensitivity analysis, assumptions for...

Accounting
1.2K views

The following five transactions occurred in Year 2: ...

Accounting
1.2K views

Hi. please what are some limitations of a self-imposed budget? I have found the advantages...

Accounting
1.2K views

The adjusted trial balance for Oriole Service Corporation at the end of 2025 contained the...

Accounting
1.2K views

on July 1, 2015, ace manufacturing purchased a smaller company in the same industry. As...

Accounting
1.2K views

Assume your company sells chocolate chip cookies in bags of a dozen each. The cookies...

Accounting
1.2K views

Quem value of Operation constant Voofer TCC Quem value of Operation constant Voofer TCC