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31.10.2020 04:42
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Bartlett car wash co. is considering the purchase of a new facility. it would allow

Bartlett car wash co. is considering the purchase of a new facility. it would allow bartlett to increase its net income by $53,000 per year. other information about this proposed project follows: initial investment $ 510,000 useful life 8 years salvage value $ 50,000 assume straight line depreciation method is used.calculate the accounting rate of return for bartlett. %calculate the payback period for bartlett years
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liv696
liv696
4,9(57 marks)

Accounting rate of return = 10.39%

Payback period = 4.62 years

Explanation:

The computations are shown below:

For accounting rate of return, it equal to

= Annual net income ÷ Investment

= $53,000 ÷ $510,000

= 10.39%

For payback period, it would be

= Initial investment ÷ Net cash flow

where,  

Initial investment is $263,000

And, the net cash flow = annual net operating income + depreciation expenses

= $53,000 + $57,500

= $110,500

The depreciation expense would be

= (Original cost - residual value) ÷ (useful life)

= ($510,000 - $50,000) ÷ (8 years)

= ($460,000) ÷ (8 years)  

= $57,500

Now put these values to the above formula  

So, the value would equal to

= ($510,000) ÷ ($110,500)

= 4.62 years

mauricestepenson791
mauricestepenson791
4,7(9 marks)

The perimeter of the kite WXYZ is 33.94 square units

Step-by-step explanation:

Step 1; First we plot the points W, X, Y, Z on the graph. We need to find the distance between the opposite sides i.e W and Y, X and Z. To find the distance between W and Y, X and Z we use the formula

Distance = √ (x2 - x1)² + (y2 - y1)².

So for W (-3, 3) and Y (4, -4) where W is (x1, y1) and Y is (x2, y2).

Distance = √(4 - (-3))² + (-4 -3)² = √49 + 49 = √98 = 9.899.

Distance between X (2, 3) and Z (-3, -2) where X is (x1, y1) and Z is (x2, y2).

Distance = √(-3 -2)² + (-2 -3)² = √25 + 25 = √50 = 7.071.

Step 2; The parameter of a kite is given by 2 times the sum of the two distances between opposite sides.

Parameter = 2 × (9.899 + 7.071) = 2 × 16.97 = 33.94 square units.

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