View Policies Current Attempt in Progress Culver Company is considering investing in a new facility to extract and produce salt. The facility will increase revenues by $240,900, but it will also increase annual expenses by $181,215. The facility will cost $999,000 to build, and it will have a $39,000 salvage value at the end of its useful life. Calculate the annual rate of return on this facility. (Round answer to 2 decimal places, e.g. 52.75.) Annual rate of return eTextbook and Media Save for Later % Attempts: 0 of 3 used Submit Answer
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- Bartlett Car Wash Company is considering the purchase of a new facility. It would allow Bartlett to increase its net income by $96,579 per year. Other information about this proposed project follows Initial investment $468,810 9 years Selvage value $ 47,000 Assume straight line depreciation method is used. Required: 1. Calculate the accounting rate of return for Bartlett Note: Round your percentage answer to 2 decimal places. 2. Calculate the payback period for Bartlett Note: Round your answer to 2 decimal places. 1. Accounting Rate of Retu 2. Payback Period yearsCurrent Attempt in Progress Crane Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The machine will cost $184,000, has an estimated useful life of 7 years and a salvage value of zero, and will increase net annual cash flows by $39.050. Click here to view PV table. What is its approximate internal rate of return? (Round answer to O decimal places, eg. 13%) Internal rate of return %Bartlett Car Wash Co. is considering the purchase of a new facility. It would allow Bartlett to increase its net income by $113,216 per year. Other information about this proposed project follows: Initial investment $ 524,150 Useful life 10 years Salvage value $ 55,000 Assume straight line depreciation method is used. Required: 1. Calculate the accounting rate of return for Bartlett. (Round your percentage answer to 2 decimal places.) 2. Calculate the payback period for Bartlett. (Round your answer to 2 decimal places.)
- Bartlett Car Wash Company is considering the purchase of a new facility. It would allow Bartlett to increase its net income by $106,439 per year. Other information about this proposed project follows: Initial investment $ 514,200 Useful life 10 years Salvage value $ 45,000 Assume straight line depreciation method is used. Required: 1. Calculate the accounting rate of return for Bartlett. Note: Round your percentage answer to 2 decimal places. 2. Calculate the payback period for Bartlett. Note: Round your answer to 2 decimal places. 1. Accounting Rate of Return 2. Payback Period % yearsBartlett Car Wash Co. is considering the purchase of a new facility. It would allow Bartlett to increase its net income by $107,868 per year. Other information about this proposed project follows: Initial investment Useful life $521,100 10 years Salvage value $ 52,000 Assume straight line depreciation method is used. Required: 1. Calculate the accounting rate of return for Bartlett. (Round your percentage answer to 2 decimal places.) 2. Calculate the payback period for Bartlett. (Round your answer to 2 decimal places.) 1. Accounting Rate of Return 2. Payback Period yearsBartlett Car Wash Company is considering the purchase of a new facility. It would allow Bartlett to increase its net income by $98,389 per year. Other information about this proposed project follows: Initial investment $461,920 Useful life Salvage value 9 years $40,000 Assume straight line depreciation method is used. Required: 1. Calculate the accounting rate of return for Bartlett. Note: Round your percentage answer to 2 decimal places. 2. Calculate the payback period for Bartlett. Note: Round your answer to 2 decimal places. Answer is complete but not entirely correct. 20.52 X % 4.90 x years 1. Accounting Rate of Return 2. Payback Period
- XYZ Company is looking to invest in some new machinery to replace its current malfunctioning one. The new machine, which costs P420,000, would increase annual revenue by P200,000 and annual cash expenses by P50,000. The machine is estimated to have a useful life of 12 years and P30,000 salvage value. Solve for the: A. Payback period in years B. Payback period reciprocal C. Accounting rate of return on initial investment D. Accounting rate of return on average investment.Pharoah Oil Company is considering investing in a new oil well. It is expected that the oil well will increase annual revenues by $122,480 and will increase annual expenses by $65,000 including depreciation. The oil well will cost $468,000 and will have a $11,000 salvage value at the end of its 10-year useful life. Calculate the annual rate of return. (Round answer to 0 decimal places, eg. 13%) Annual rate of return %Sunland Oil Company is considering investing in a new oil well. It is expected that the oil well will increase annual revenues by $133.605 and will increase annual expenses by $90,000 including depreciation. The oil well will cost $450,000 and will have a $9,000 salvage value at the end of its 10-year useful life. Calculate the annual rate of return. (Round answer to 0 decimal places, e.g. 13%) Annual rate of return.
- A real estate development company is considering the purchase of a new piece parcel of land in manhattan that will cost $34,000,000. The land will generate $6,500,000 of rent each year for the next 20 years. what is the IRR for this new investment? NOTE: enter amount to two decimal (e.g., 78.76 or 40.00) IRR= ______ %Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The machine will cost $165,000, has an estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $31,692. Click here to view the factor table. What is its approximate internal rate of return? (Round answer to 0 decimal place, e.g. 13%.) Internal rate of return %Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The machine will cost $185,000, has an estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $40,536. Click here to view PV table.What is its approximate internal rate of return? (Round answer to 0 decimal place, e.g. 13%.)