Answer:
payback period is 5 years
Explanation:
given data
net initial investment = $2000000
annual cash inflow = $400000
useful life = 8 year
to find out
payback period
solution
we know here initial investment of equipment and cash inflow increase
so here payback period will be express as
payback period = net investment / cash inflow ..............1
put here value in equation 1
payback period = net investment / cash inflow
payback period = 2000000 / 400000
payback period = 5
so payback period is 5 years
The complete question is as follows:
What percentage of your gross salary does the consumer financial bureau suggest?
The proportion of gross income suggested by the Consumer Financial Bureau is not more than 15% or 10% of the earned income.
<h3>What is a gross salary?</h3>
Gross salary is the amount received by an employee before any deductions and income taxes. It is given by the employer of the company in its respective bank account.
According to the Consumer Financial Bureau, the proportion of not exceeding 10% of gross income should be reserved for affording the student loan payments, or not greater than 15% be reserved for monthly debts except rental and mortgage reimbursements.
Therefore, the type of payments will decide the proportion of gross income being allocated in accordance with the Consumer Financial Bureau.
Learn more about the gross salary in the related link:
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Answer:
d. the complexity of the product.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. The pre-service strategies includes identifying the following target market, design, branding, market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Personal selling also known as face-to-face selling can be defined as a sales technique or strategy in which the salesperson meets with the potential buyer (customer) for the sole purpose of convincing him or her to buy a product.
For Michael, personal selling works better than other forms of promotion because of the complexity of the product i.e high technicalities associated with the product. The product Michael are highly technical and as such would require guidance or explanation on how to safely use them.
Answer:
A. is subject to all provisions of Rule 144.
C. Must file a Form 144 within 90 days of selling.
Explanation:
In the question, the husband owns 20% and his wife holds 5% of the equity. However, the wife plans to put her own holding up for sale. The wife is subject to all the provisions of Rule 144. In addition, before she can proceed with her plan, she needs to fill the Form 144 and the form must be filled not more than 90 days after selling the holding.
Answer:
$50,000
Explanation:
The computation of the interest expense for deduction is shown below:
= Interest on a mortgage on his home + Interest on a mortgage on his vacation home
= $40,000 + $10,000
= $50,000
All other information which is given in the question is not relevant for the computation part. Hence, ignored it
We simply add both types of interest related to a mortgage on the home