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1 year ago

Which one of the following statements is correct concerning the payback rule?

1 answer:

7 0

The correct concerning the payback rule is rule is flawed because it ignores all cash flows after some arbitrary point in time.

Payback period in capital budgeting refers to the time required to recover funds spent on an investment or to reach breakeven. Example: If at the beginning of year 1 he invests $1,000 and at the end of year 1 and his second year he earns $500, it pays for itself within 2 years.

The number of years it will take to recover the money invested. For example, if it takes 5 years to recover the cost of an investment, the payback period is he 5 years.

Payback period is defined as the number of years required to recover the original cash investment. In other words, the period during which a machine, plant, or other investment has generated sufficient net income to cover its investment costs.

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Traffic patterns are important in room design and should take potential furniture placement into account true or faolse

sergiy2304 [10]

The answer for the given statement above would be TRUE. What makes this true is that traffic patterns should be taken into consideration because this is the space in the room that people can walk through. Therefore, such furniture placements should be observed very well.

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3 years ago

Read 2 more answers

In the Assembly Department of Hannon Company, budgeted and actual manufacturing overhead costs for the month of April 2020 were

bekas [8.4K]

Answer:

Indirect materials $900 Favorable

Indirect labor $800 Unfavorable

Utilities $800 Unfavorable

Supervision $0 Neither Favorable Non Unfavorable

Total $700 Unfavorable

Explanation:

Preparation of a responsibility report for April for the cost center.

HANNON COMPANY Assembly Department Manufacturing Overhead Cost Responsibility Report For the Month Ended April 30, 2020

Controllable cost Budget Actual

Indirect materials $15,700- $14,800 =$900 Favorable

Indirect labor 21,300- 22,100 =$800 Unfavorable

Utilities 11,100- 11,900=$800 Unfavorable

Supervision 5,100- 5,100= $0 Neither Favorable Non Unfavorable

Total $53,200-$53,900=$700 Unfavorable

Therefore The responsibility report for April for the cost center will be :

Indirect materials $900 Favorable

Indirect labor $800 Unfavorable

Utilities $800 Unfavorable

Supervision Neither Favorable Non Unfavorable

Total $700 Unfavorable

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3 years ago

From June to the end of September, Jennifer wants to save at least $1,500. Her monthly expenses are $600. Jennifer saves whateve

kakasveta [241]

The minimum sales required by Jennifer to meet her savings goal must be $26.25 per hour or $2100 for September.

Given that,

Savings desired = $1500

Monthly expenses = $600

Let money earned by her every hour be $x$

No. of scheduled work hours $=$ $80$

So,

Total money earned for the month $=$ $80$ × $x$

$= 80x$

As we know,

Money left = Total money earned - expenses

$= 80x$ - $$600$ ...(i)

A.T.Q.

Money left must be = $1500

Then, by putting the variables in equation (i), we get

$80x - 600 = 1500$

Now, solving for $x$

$80x - 600 = 1500$

$+600 = + 600$

_______________

$80x = 2100$

$x = 2100/80$

∵ $x = 26.25$

Thus, the required sales are $ $26.25$ per hour or ( $26.25$ × $80$ = $2100) for the month of September.

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3 years ago

New Day Vitamin Company's __________ relies heavily on advertising, personal selling, and a limited use of product sampling.

Zielflug [23.3K]

New Day Vitamin Company's <u>promotion mix</u> relies heavily on advertising, personal selling, and limited use of product sampling.

A promotion mix simply means the blend of different promotional tools that are used by organizations to create and increase the demand for goods and services.

A company's promotion mix combines promotional tools such as personal selling, advertising, sales promotion, publicity, sampling, public relations, etc.

In conclusion, the correct option is promotion mix.

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An all-equity firm reports a net profit margin of 10% on sales of $3 million. if the tax rate is 40%, what is the pretax profit

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Help i don't know what the answer is.

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3 years ago