At september 1, the balance sheet accounts for stanley's restaurant were as follows: $ 3,800 accounts payable 9,600 accounts rec
eivable 68,000 buildings 10,000 cash 18,700 equipment 33,000 land ??? owner's capital 48,000 notes payable 6,600 supplies calculate the owner's capital at september 1, 2016
1 answer:
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Answer:
25.25%
Explanation:
With a fill area of , and an installed liner cost of $8, the total cost of installation = 50,000 * 8 = $400,000.
Annual average annual cost = $400,000/4 = $100,000 (since the fill area is adequate for 4 years).
Estimated annual revenue =
(P = Price, V = Value, p = Pick Up, d = Dump Truck, c = Compactor Truck)
= (10*2,500) + (25*650) + (70*1,200)
= $125,250.
Therefore, annual rate of return = = 25.25%.