Answer:
C) 4.2 years
Explanation:
The computation of the payback period is as follows;
As we know that
Payback Period = Initial cost ÷ Annual net cash flow
Here
Initial cost = $278000
Annual net cash flow = Incremental after tax + Depreciation per year
where,
Depreciation per year = (Original cost - Salvage value) ÷ Estimated Life
= ($278,000 - $30,000) ÷ 8 years
= $31,000
Annual net cash flow is
= $35000 + $31000
= $66000
So,
Payback Period is
= $278000 ÷ $66000
= 4.2 Years
Answer:
events
Explanation:
it is an emergency situations that needs to be answered quickly
The correct answer is B) have a value expressed in both fiat money and commodity money.
Money serves as a unit of account when goods have a value expressed in both fiat money and commodity money.
There are three basic functions of money as we know it. The first is the basic one. Money serves as a medium of exchange for goods and services. Money stores value and wealth. It also is used as a unit of account. After many years of barter, money changed the way trade was done. It facilitated commerce and the interchange of products. With money as a unit of account, we can compare the costs of producing goods.
Answer:
Building and construction
Explanation:
Answer:
$150,150
Explanation:
Total fair value of all assets:
= Land + Building + Paddleboats
= $67,200 + $158,400 + $254,400
= $480,000
Building accounted for:
= Fair value of building ÷ Total fair value
= $158,400 ÷ $480,000
= 33%
Therefore, the building is 33% of the total fair value of assets.
Cost of acquisition of assets:
= Amount paid + Closing cost to buy out a competitor
= 450,000 + 5,000
= $455,000
Cost to be allocated to the building:
= Cost of acquisition of assets × Percent share in total fair value
= $455,000 × 33%
= $150,150