1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sergeu [11.5K]
2 years ago
15

The Golden Goose is considering a project with an initial cost of $46,700. The project will produce cash inflows of $10,000 for

the first year and $12,000 per year for the following four years. What is the payback period
Business
1 answer:
MrRissso [65]2 years ago
6 0

The payback period is 4.06 years.

<h3>What is the payback period?</h3>

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Amount recovered in the first year = 46,700 - 10,000 = 36,700

Number of years it would take to recover 36,700 = 1 + (36700 / 12,000) = 4.06 years

To learn more about the payback period, please check: brainly.com/question/25716359

#SPJ1

You might be interested in
In a process costing system, the number of units started and completed for a period is equal to: Multiple Choice Units transferr
riadik2000 [5.3K]

Answer:

Units transferred out less units in beginning work in process.

Explanation:

A process costing system is generally used when similar or identical products are mass produced.

To determine the total number of units transferred out = beginning work in process + units started and transferred out - ending work in process

To determine the amount of units started and completed = total units transferred out - beginning work in process

6 0
3 years ago
Peterson Company purchased machinery for $960,000 on January 1, 2014. Straight-line depreciation has been recorded based on a $6
Molodets [167]

Answer:

198,000

Explanation:

(960000 - 60,000) / 5 = 180k

Deprecation expense = 180,000 x 5 = 720,000

Deprecation expense from January to April = 4/12 x 180000

720 + 75h

4 0
2 years ago
100 points
Dovator [93]
Electronic communications tend to be more casual
6 0
3 years ago
Read 2 more answers
Which of the following circumstances usually comes before a period of economic contraction?
erik [133]
C
A low GDP for two or more consecutive quarters is usually followed by economic contraction. 
8 0
3 years ago
While an attribute is an inherent quality or characteristic of a product or service, a(n) _____________ is a result or outcome a
o-na [289]

Answer:

benefit

Explanation:

The characteristics define what a product is for, the benefits define the difference that our product has versus the competitive product and the motivators define how the characteristics and benefits of these products will help each individual customer. To say that the product will help a specific and unique customer is to show the real motivator of the purchase, that is, that specific benefit that by itself will make the customer buy the product. It reaches the end that the customer buys products for different benefits for which the product has been created. For example, a chair is used to sit, but at the same time it can be purchased as a decoration item (chair in the middle of a hallway) or used as a staircase in the kitchen.

4 0
2 years ago
Other questions:
  • g Closser Corporation produces and sells two products. In the most recent month, Product M50S had sales of $43,000 and variable
    15·1 answer
  • Which term describes a country's transfers of money to buy stocks and bonds?
    7·1 answer
  • What is the name of the food production strategy, which is characterized by "slash and burn, swidden agricultural techniques use
    11·1 answer
  • Microeconomics Test 1 Study Guide Chapter 1 1. Define Economics 2. Define the Scarcity Principle 3. Define the Cost-Benefit Prin
    7·1 answer
  • To settle the dispute, you need to ensure that both owners understand the primary differences between consumer transactions and
    8·1 answer
  • On January 15, 2015, Vancey Company paid property taxes on its factory building for the calendar year 2015 in the amount of $960
    12·1 answer
  • Which statement about NTDs is FALSE?
    8·1 answer
  • MARK MORE THAN ONE PLS!!!!!!!! HELP!!!!
    7·1 answer
  • If Honduras wanted to trade goods with China, how would they negotiate the treaty? A. Through the WTO B. At a meeting of busines
    6·1 answer
  • your firm is contemplating the purchase of a new $545,000 computer-based order entry system. the system will be depreciated stra
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!