Business, 21.12.2019 03:31 EthanIsHyper

Acompany is planning to purchase a machine that will cost $26,400 with a six-year life and no salvage value. the company uses straight-line depreciation. the company expects to sell the machine's output of 3,000 units evenly throughout each year. a projected income statement for each year of the asset's life appears below. what is the accounting rate of return for this machine? sales $ 93,000 costs: manufacturing $ 50,000 depreciation on machine 4,400 selling and administrative expenses 33,000 (87,400 ) income before taxes $ 5,600 income tax (40%) (2,240 ) net income $ 3,360

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