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Vilka [71]
4 years ago
15

Brady corp. is considering the purchase of a piece of equipment that costs $20,000. projected net annual cash flows over the pro

ject's life are: year net annual cash flow 1 $ 3,000 2 8,000 3 15,000 4 9,000 the cash payback period is select one:
a. 2.29 years.


b. 2.60 years.


c. 2.40 years.


d. 2.31 years.
Business
1 answer:
katovenus [111]4 years ago
5 0

Answer:

B

Explanation:

Payback period is the total time it takes an organization to recover the initial capital incurred in acquiring an asset.

It is expressed in years and fraction of years.

Initial investment    20,000

Year 1                                                 3000               17000

Year 2                                                 8000               9000

Year 3                                                 15,000

9000/15000= 0.6 years

The payback period = 2.6 years

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Prior period adjustments are reported as
matrenka [14]

Answer:

c. An addition to (or a deduction from) the beginning balance of retained earnings

Explanation:

A prior period adjustment is the correction of an accounting error that occurred in the past and was reported on a prior year's financial statement, net of income taxes. Prior period adjustment are reported in the statement of retained earnings as an increase or a decrease in the beginning retained earnings. Therefore, the adjusted beginning retained earnings balance is the amount that retained earnings would have been if the error had not been made.

6 0
3 years ago
George consumes two goods, milk and cookies. He has maximized his utility given his income. Milk costs $2 per gallon and he cons
olga nikolaevna [1]

Answer:

George buys 5 bags of cookies each month

Explanation:

Given

Milk = \$2 (per gallon)

Marginal\ Utility\ (milk) = 4

Cookies = \$4 (per bag)

Required

Determine the number of bags of cookies he buys

First, we need to determine the marginal utility of cookies

To solve this, we make use of the following formula:

\frac{MU\ of\ Milk}{Cost\ of\ Milk} = \frac{MU\ of\ Cookies}{Cost\ of\ Cookies}

Substitute values for

<em>MU of Milk = 4</em>

<em>Cost of Milk = 2</em>

<em>Cost of Cookies = 4</em>

<em />

This gives:

\frac{4}{2} = \frac{MU\ of\ Cookies}{2}

2 = \frac{MU\ of\ Cookies}{2}

MU\ of\ Cookies = 2 * 2

MU\ of\ Cookies = 4

From the given table:

The corresponding bags of cookies for marginal utility of 4 is 5

Hence:

George buys 5 bags

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How do fixed costs per unit​ behave?
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4 years ago
Please answer, first get's brainliest
Tresset [83]

Supply and demand affects the labor market just like any other market. If there is an extra supply of immigrant workers that come into the workforce and the demand for jobs stays the same then employees could have less job stability and employers would be willing pay less causing income to drop

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