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Business, 08.07.2019 21:30 ashleyzamarripa08

Mc qu. 90 a company is planning to a company is planning to purchase a machine that will cost $36,000 with a six-year life and no salvage value. 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 $ 107,000 costs: manufacturing $ 51,400 depreciation on machine 6,000 selling and administrative expenses 47,000 (104,400 ) income before taxes $ 2,600 income tax (30%) (780 ) net income $ 1,820

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Mc qu. 90 a company is planning to a company is planning to purchase a machine that will cost $36,0...
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