Answer:
d. 3.5 years
Explanation:
We know that payback period is the estimated length of time it takes cash inflow from a project to recover back the cash outflow.
It is to be noted that the payback period makes use of cash flow and not profit, hence denoted by;
Payback period = Initial cost / Annual net cash inflow
Given that;
Initial cost = $420,000
Annual net cash inflow = $120,000
Therefore,
Payback period = $420,000 / $120,000
Payback period = 3.5 years
When there is high unemployment, A. There is a greater reliance on government assistance occurs in society.
A society is a collection of people involved in chronic social interaction, or a massive social institution sharing the identical spatial or social territory, normally subject to the identical political authority and dominant cultural expectancies
The totality of social relationships amongst prepared organizations of people or animals. a system of human businesses generating exceptional cultural styles and establishments and usually presenting protection, protection, continuity, and a countrywide identity for its contributors.
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The type of culture that Rahals built was clan culture, when the owners, work to encourage unity to increase their employees' job satisfaction and commitment.
<h3>What is clan culture?</h3>
A clan culture can be regarded as a tribe-like type of corporate environment which believe in
commonality of goals and values.
Clan cultures usually appears as collaborative and the least competitive of the main corporate culture models.
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Answer:
Jim could file as a head of household and qualify for higher deductions and earned income credit for one child.
Sally should file her taxes as a single filer since she has very low income so she falls under the first tax bracket, she can also file for earned income credit for one child.
Answer:
a. Salary for the second year:
Salary is to increase by 4% in second year.
= 53,000 * (1 + 4%)
= $55,120
b. Third year salary:
Second year salary will increase by 5.5%
= 55,120 * (1 + 5.5%)
= $58,151.60
c. Fourth year salary:
Third year salary to increase by 11.1%
= 58,151.60 * (1 + 11.1%)
= $64,606.43
