Answer:
Simple payback is 4 years
Total discounted Payback is more than the 5 years which is the payback cutoff period.
Explanation:
Payback period is the time period in which the project recovers the initial cost incurred. Lower the payback period the more beneficial will be the project.
Simple payback = $100,000 / $25,000 = 4 years
Discounted Payback
Discounted payback is calculated by using the present value of future cash flows.
Total discounted cash flows = 22935.78 + 21042.0 + 19304.59 + 17710.63 + 16248.28 = 97,241.28
As sum of all cash flows are less than the initial investment so, total discounted Payback is more than the 5 years which is the payback cutoff period.
The answer is limited liability partnership
The link is very good to explain what you need but something it forgot was needing to know about foreign pathways
Answer:
Dr Cash (3,000)
Cr Deferred Revenue (4,000)
Cr Service Revenue (Clinic) (7,000)
Explanation:
Preparation of the appropriate journal entry
Since we were told that kayakers pay the sum of $3,000 at $150 each, by adding to the $4,000 that was already paid in advance on July 30 this means we have to record the transaction by Debiting Cash with the amount of (3,000); Crediting Deferred Revenue with the amount of (4,000) and Crediting Service Revenue (Clinic) with the amount of (7,000)
Note that the credit side of the transaction which is Deferred Revenue of 4,000 -Service Revenue (Clinic) of 7,000 will give us (3,000)
Journal entry
Dr Cash (3,000)
Cr Deferred Revenue (4,000)
Cr Service Revenue (Clinic) (7,000)
