(Ignore income taxes in this problem.)The management of Harling Corporation is considering the purchase of a machine that would cost $90,504 and would have a useful life of 5 years.The machine would have no salvage value.The machine would reduce labor and other operating costs by $27,000 per year. Required: Determine the internal rate of return on the investment in the new machine.Show your work!
Factor of the internal rate of return = Investment required ÷ Annual net cash inflow = $90,504 ÷ $27,000 = 3.352 The factor of 3.352 for 5 years represents an internal rate of return of 15%.
AG
Answered
Positive emotions have all of the following effects on a person except:
A) tolerate pain better B) recover from illness faster C) experience greater depression D) increase options to search out alternatives
Which of the following statements is true in the context of personal communication and the art of active listening?
A) About 20 percent of feelings and attitudes are communicated by the speaker's personality. B) Majority of feelings and attitudes are communicated by body language. C) Majority of feelings and attitudes are communicated by spoken words. D) About 10 percent of feelings and attitudes are communicated by the tone of voice.
A) Technological change is the key to productivity growth. B) Productivity is output per unit of input. C) The only way to build up capital is to consume more and save more. D) In the 1950s,1960s,and 1970s,Americans managed to save about 7-8% of disposable income.