Plz help ASAP!!!!!!

Business

1 answer:

astra-53 [7]3 years ago

7 0

Answer:

The correct answer is letter "C": Pay $250 per month until it’s paid off.

Explanation:

While paying a debt on a credit card, it is recommended for the cardholder to <em>select the shortest length for payoff</em> possible because choosing the largest implies adding more interest and fees to the debt.

In the example, if the principal -the quantity of debt without interest- is $1,000 and the cardholder decides to make $250 payments, it implies the debt will be paid off in 4 months ($1,000/$250 = 4). Then, that is the choice to select if the intention is paying less.

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A. Determine the average rate of return for a project that is estimated to yield total income of $570,720 over six years, has a

ziro4ka [17]

The Average rate of return is 35%.

The cash payback period is 4.10 years.

<h3>What is the average rate of return?</h3>

Average rate of return is a capital budgeting method. It is used to determine if a firm should invest in a project or should not invest in a project

Average rate of return = average net income / average cost of investment

average net income =$570,720 / 6 = $95,120

Average cost of investment =( beginning book value of the investment - ending book value of the investment) / 2

(603,500 - 52,500) / 2 = $275,500

Average rate of return = ($95,120 / $275,500) x 100 = 35%

<h3>What is the cash payback period?</h3>

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period = Amount invested / cash flow

Payback period = 123,000 / 30,000 = 4.10 years

To learn more about the payback period, please check: brainly.com/question/25716359

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5 0

2 years ago

Funds acquired by the firm through retained earnings (similar to their free cash flow), have no cost attached to them, because t

Mariulka [41]

Answer:

False

Explanation:

Retained earnings can be defined as the amount of money or income left after a firm or organization as paid out it dividends to their shareholders.

Retained earnings are also an organisation's profit which they retained or keep and this earning is reinvested for other purposes. Such purposes include: Future expansion of the the organization. Retained earnings are a form of liability to a firm.

Funds acquired by the firm through retained earnings (similar to their free cash flow), have cost attached to them. This is because the cost of retained earnings is equivalent to rate of return on re-investment of dividends of shareholders that is paid by the organization. Hence, retained earnings is equivalent to the cost of equity.

3 0

4 years ago

Trez Company began operations this year. During this first year, the company produced 100,000 units and sold 80,000 units. The a

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Answer:

<u>Income statement for the company under variable costing</u>

Sales (80,000 units x $45) $3,600,000

Less Cost of Sales

Beginning inventory $0

Cost of goods manufactured (100,000 units x $19) $1,900,000

Cost of good available for sale $1,900,000

Less Ending inventory (20,000 x $19) ($380,000) ($1,520,000)