A company is considering the purchase of a new machine for $50,000. Management predicts that the machine can produce sales of $16,200 each year for the next 10 years. Expenses are expected to include direct materials, direct labor, and factory overhead totaling $7,800 per year including depreciation of $4,200 per year. Income tax expense is $3,360 per year based on a tax rate of 40%. What is the payback period for the new machine

Write two goals for yourself that will aid you in pursuing your post-secondary education or training. with this

On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400