Bryan manufacturing had sales of $4,000,000 and net operating income of $700,000. operating assets during the year averaged $600,000. the manager of hardcastle is considering the purchase of a new machine which is expected to increase average operating assets by 8%. if the new machine is purchased, the company's new return on investment (roi) would be:
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Bryan manufacturing had sales of $4,000,000 and net operating income of $700,000. operating assets during the year averaged $600,000. the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
On December 31, Strike Company traded in one of its batting cages for another one that has a cost of $538,160. Strike receives a trade-in allowance of $31,185.
Answers (1)
On October 1, Year 1, Gold Co. borrowed $900,000 to be repaid in three equal, annual installments. The note payable bears interest at 5% annually. Gold paid the first installment of $300,000 plus interest on September 30, Year 2.
Answers (1)
TransWave International is a company that markets patented electronic sensors as an early warning device for locating potential problems with buried pipelines.
Answers (1)
Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $311,000 $276,000 Work in process 214,400 238,400 Finished goods 163,400 190,000 January 31 Direct labor $560,000
Answers (1)
Suppose that real GDP equals potential GDP, but the government believes that the economy is in a below full-employment equilibrium. As a result, the government increases its expenditure on goods and services.
Answers (1)
New Questions in Business
Which of the following are characteristics of public goods? Choose one or more: A. Public goods generally have a small value to society. B. The quality of public goods does not diminish when multiple people consume them. C.
Answers (1)
On July 1, 2021, Rents-A-Lot Inc. paid $72,000 for 36 months of advance rent on its warehouse. What would be the amount of rent expense in the 2022 financial statements for Rents-A-Lot under both cash - basis and accrual-basis accounting?
Answers (1)
All the members of the sales team at Arkema are new hires. The team members need to work together to ensure that clients' requirements are fulfilled, and weekly targets set by the company are adequately met.
Answers (1)
After 9/11, the demand for air travel fell substantially, bringing the airline industry to its knees. Congress wanted to compensate the airlines for losses but there was a great debate over how much money was at stake.
Answers (1)
The company sponsors a two-day training meeting for managers and there is a one-hour session on how personality affects employee performance.
Answers (1)