Answer:
3.55 years
Explanation:
The payback period is the length of time it takes for Beyer Company to recoup the initial investment of $370,000.
In other words, the number of years for the net cash flows of the project to equate the initial investment amount of $370,000 as shown in the attached excel file for Beyer company's payback computation
Answer:
$735,000
Explanation:
The fair values of the assets may be used as a basis for determining the amount to be recorded for each of the assets.
This will be in a proportional manner such that the higher the fair value, the higher the actual cost assigned and vice versa to the asset.
Hence the amount to be recorded for the building
= 840,000 / (840,000 + 840,000 + 1,120,000) * $2,450,000
= $735,000
Answer:
<em>Monetary policy</em> consists of management of money supply and interest rates, aimed at achieving macroeconomic objectives such as controlling inflation, consumption, growth, and liquidity.
Answer:
"Charge off" means that the credit grantor wrote your account off of their receivables as a loss, and it is closed to future charges. When an account displays a status of "charge off," it means the account is closed to future use, although the debt is still owed.
<h2>TRUE!</h2>
