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9 months ago

A project has a required payback period of three years.

1 answer:

5 0

If the project is to be approved, the statements about the payback analysis of this project are true. The cash flows in each of the three years must be greater than one-third of the project's initial cost.

Cash receipts serve as a proxy for inflows, and cash withdrawals serve as a proxy for outflows. Costs incurred during the regular course of project business are included in cash flow project's from operations. The precise amounts of a company's cash inflows and outflows over time are shown on a cash flow statement. The income statement, which includes noncash accounting like depreciation, is the most typical financial statement and displays a company's revenues and total expenses over time.

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2 years ago

Read 2 more answers

Thom owes $7,200 on his credit card. The credit card carries an APR of 18.4 percent compounded monthly. If Thom makes monthly pa

DanielleElmas [232]

Answer: 45 months

Explanation:

Credit owed $7200

Monthly payment $225

APR annaully 18.4%

Monthly APR = 18.4/12 = 1.533%

SOLUTION

1st Month interest payment

1.533% x $7200 / 100 = $110.40

Principal paid (monthly payment - interest paid) = $225 - $110.40 = $114.60

Balance ( principal - principal paid) = 7200 - 114.60 = $7085.40

2nd Month interest payment

1.533% x $7085.40 / 100 = $108.64

Principal paid (monthly payment - interest paid) = $225 - $108.64 = $116.36

Balance ( principal - principal paid) = $7085.40 - $116.36 = $6969.04

By following this step up to the 45th month you get $74.74 as the monthly payment this sums up to.

Month interest payment

1.533% x $74.74 / 100 = $1.15

Principal paid (monthly payment - interest paid) = $75.88 - $1.15 = $74.74

Balance ( principal - principal paid) = $74.74 - $74.74 = $0

The payment would be completed at exactly 45months

7 0

3 years ago

I don´t get it plzz help me

slava [35]

What are your work values? If you don’t know you can Google ‘work values examples’ then you can find a job that best suits those specific values you chose.

3 0

3 years ago

the expenses of advertising merchandise, making sales, and delivering goods to customers are known as:

zaharov [31]

The expenses of advertising merchandise, making sales, and delivering goods to customers are known as: selling expenses

<h3>What are selling expenses?</h3>

The expenditures incurred in distributing, marketing, and selling a good or service are referred to as selling expenses.

Selling expenses are one of three categories of costs that make up a business operating expenses. Administration and general expenses make up the other two.

Selling costs may consist of:

Costs related to logistics, shipping, and insurance for distribution
spending on social media, website upkeep, and other marketing-related expenses
Selling expenses like salaries, commissions, and personal expenditures

Since selling expenses are not directly related to producing a good or providing a service, they are listed as indirect expenses on a company's income statement.

Learn more about selling expenses at:

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3 0

1 year ago