Answer:
3.37 years
Explanation:
Calculation to determine what The payback period of the project is closest to
First step is to calculate the Net Cash inflow for the year
Net Cash inflow for the year =$114,000-$31,000
Net Cash inflow for the year =83,000
Now let calculate the Payback period
Using this formula
Payback period=investment/Net Cash inflow for the year
Let plug in the formula
Payback period=$280,000/83,000
Payback period=3.37 years
Therefore The payback period of the project is closest to 3.37 years
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Vocational training refers to instructional programs or courses that focus on the talents required for a selected process feature or exchange. In vocational training, education prepares college students for particular careers, disregarding traditional, unrelated instructional subjects.
Vocational training refers to training and talent-based totally training programs that prepare human beings for a particular task, trade, or craft. Trades and crafts talk over with jobs that can be manual in nature and are considered non-instructional.
Vocational training is training that prepares human beings to work as a technician or to take in employment in a professional craft or exchange as a tradesperson or artisan.
Learn more about Vocational training here brainly.com/question/467359
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Answer:
3.07%
Explanation:
Required return is a financial term that describes the least return an individual or investor hopes to obtain by investing in a particular project. This can be derived by dividing expected annual dividend of stock with current rate of stocks, then multiply by 100
Hence, in this case, the expected annual dividend of stock is $2.85
The current rate of stock per share is $92.87
Therefore, the required return is $2.85/$92.87 = 0.0307 * 100
=> 3.07%
Hence, the final answer is 3.07%.
