Answer:
2.85405 years
Explanation:
Cash Flows
Year 0 ($78,000)
Year 1 $29,500
Year 2 $32,700
Year 3 $18,500
Year 4 $10,000
Services United would receive $29,500 in year 1 therefore remaining balance is = 78,000 - 29,500 = 48,500
Services United would receive $32,700 in year 2 therefore remaining balance is = 48,500 - 32,700 = 15,800
Services United would receive $18,500 in year 3 therefore remaining balance is = 15,800 - 18,500 = -2700
We observe that the company would recover the initial amount somewhere in year 3
15800 / 18500 = 0.85405 years
Total payback period = 2 years + 0.85405 years = 2.85405 years
Answer:
E. Mission statement.
Explanation:
A mission statement expresses the purpose of the organization. Whether the organization is for-profit or nonprofit, the mission statement identifies the goods or services the organization provides and will provide. Sometimes it also gives the reasons for providing them (to make a profit or to achieve humanitarian goals, for example).
Answer:
Effect on income= $21,192 increase
Explanation:
<u>Because it is a special offer and there is unused capacity, we will take into consideration only the incremental fixed costs.</u>
Direct Materials $7
Direct Labor $8
Variable Overhead $7
Incremental fixed costs= $4,808
<u></u>
<u>To calculate the effect on income, we need to use the following formula:</u>
<u></u>
Effect on income= total contribution margin - incremental fixed costs
Effect on income= 2,000*(35 - 7 - 8 - 7) - 4,808
Effect on income= $21,192 increase
the answer is c mark this as the brainliest answer please
Reliability because it shows that you are responsible to pay
