Business, 27.08.2019 22:30 salvadorperez26

Acompany is planning to purchase a machine that will cost $29,400 with a six-year life and no salvage value. the company uses straight-line depreciation. the company expects to sell the machine's output of 3,000 units evenly throughout each year. a projected income statement for each year of the asset's life appears below. what is the accounting rate of return for this machine? sales $ 97,000 costs: manufacturing $ 50,400 depreciation on machine 4,900 selling and administrative expenses 37,000 (92,300 ) income before taxes $ 4,700 income tax (35%) (1,645 ) net income $ 3,055

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Acompany is planning to purchase a machine that will cost $29,400 with a six-year life and no salvag...

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