Magix Productions orders new equipment for the company. The new equipment costs $50,000 and will help the company save $10,000 annually. What is the average rate of return of the equipment?

A. 40 percent
B. 35 percent
C. 20 percent
D. 15 percent


Answer: C

Business

You might also like to view...

A negotiated transfer price is one that is bargained for between the managers of the buying and selling divisions of a company

Indicate whether the statement is true or false

Business

Who argues that ‘strategic HR is owned by the line managers and is focused on turning business strategies into a HR strategy that is meaningful’.

a. Wright (1999) b. Barney (2000) c. Ulrich (1996) d. Salaman (2000)

Business

If your car is damaged in a collision that is your fault, the PAP says:

A) it is up to the insurer to have it fixed B) you must protect it from further damage C) all you have to do is notify the insurer and the insurer does the rest D) the insurer's obligation is always to replace the car

Business

The relationship between data and information is hierarchical, Therefore, one person's information is another person's ________

A) treasure B) data C) idea D) logical view

Business