Answer:
2 years
Explanation:
Payback period is the length of time it takes for the future cash flows to equal the initial investment.
$224,000 = $112,000 + $112,000
therefore,
It takes 2 years for the cashflows to equal initial investment
Oceans inc., a seafood distributor, agrees to buy from paul, a commercial fisherman, any "overstock" of fish that paul catches in excess of his legal limit. This agreement is most likely void.
the act of agreeing or of coming to a mutual association. the kingdom of being in accord. An arrangement is ordinary with the aid of all events to a transaction. An agreement or different record delineating such an association. The unanimity of opinion; harmony in feeling: settlement of some of the individuals of the school.
An agreement is a promise between entities to grow mutual obligations with the aid of regulation. segment 2(e) of the Indian contract Act, 1872 defines an agreement as 'each promise and each set of promises, forming the attention for every other, is an agreement.
The definition of agreement manner is the act of coming to a mutual selection, position, or arrangement. An instance of an agreement is the choice among two human beings to percentage the lease in an apartment.
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A <u>shift </u><u>of</u> the supply curve represents a change in supply while a <u>movement </u><u>along</u> the supply curve represents a change in the quantity supplied.
Supply is defined in economics as the total amount of a specified product or service offered to consumers by a supplier at a specified time and price level. This is usually determined by market movements. For example, increased demand may prompt suppliers to increase supply.
In economics, supply is the number of goods that an individual or firm makes available in the market. This refers to the amount you are producing at a particular point in time. For example, if Apple made 100 of its iPhones, that would be the product to be launched. Supply can refer to the quantity available at a particular price or the quantity available across the price range displayed on the chart.
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Answer:
Evidence based.
Explanation:
Evidence: It is something that furnishes proof or testimony or something legally submitted to ascertain in the truth of matter.
Evidence basedis the conscientious (effort), explicit (clarity) and judicious (critical of quality) use of the best available evidence from multiple sources to increase the likelihood of a favourable outcome.
Characteristics:
- It’s about the process
- It’s not about certainties (this will work)
- It’s is about probabilities and likelihoods
- It is about reducing uncertainty (given our context this is more likely to lead to the outcome we want than doing something else or doing nothing)