Answer:
B. The payback is approximately three years
Explanation:
The computation of payback period for this equipment purchase is shown below:-
<u>Year Cash flow Cumulative cash flow</u>
0 -$600,000 -$600,000
1 $250,000 -$350,000
2 $200,000 -$150,000
($250,000 - $50,000)
3 $150,000 0
($200,000 - $50,000)
4 $100,000 $100,000
($150,000 - $50,000)
5 $50,000 $150,000
($100,000 - $50,000)
Here, Cumulative cash flow in the year o is -$600,000 and as we can see that cumulative cash flow in year 3 is 0.
Therefore the payback period lies in 3 years.
1. interest credited in bank account -- add to personal
2. fee charged by bank for returned check -- deduct from personal
3. checks issued but not deposited -- deduct from bank
4. deposits yet to be credited -- add to bank
<span>Early Head Start is an example of
</span><span>C. a nurturing environment
It is a program offered to low-income families to provide them with family support and child development services. For a low-income family to be qualified, it has to have a pregnant woman or a family with children up to 3 years old.</span>
Answer:
1. Kellogg Company - 30.1% market share - signature products: Froot Loops, Corn Flakes, Apple Jacks.
2. General Mills - 29.85% market share - signature products: Cheerios, Nature Valley, Lucky Charms.
3. Post Holdings - 18.92% market share - Honey Bunches, Fruity Pebbles.
4. Private Label - 7.48% market share - Muesli, Choco-Shells
