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Author Question: Keltner Enterprises is considering investing in a new packing machine. The new machine will provide ... (Read 26810 times)

moore.cailinf

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on: Feb 5, 2023

Question 1

Johnson Whole Distributors is anticipating investing in equipment that cost $120,000. The equipment has an 8-year life and no salvage value. Johnson uses straight-line depreciation. The equipment has a payback period of 5 years. The accounting rate of return is closest to
◦ 5%.
◦ 6.25%.
◦ 7.5%.
◦ 7.8%.

Question 2

Keltner Enterprises is considering investing in a new packing machine.  The new machine will provide annual cash operating inflows of $12,300 for 5 years. The cost of the machine is $42,300 and it can be sold at the end of its 5-year useful life for $6,800. Keltner's required rate of return is 10%. What is the packing machine's payback period?
◦ 7.69 years
◦ 3.44 years
◦ 2.89 years
◦ 3.99 years
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by moore.cailinf on Feb 5, 2023

koung719

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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moore.cailinf

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

bbburns21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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