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dalvyx [7]
3 years ago
15

Heather Company is considering the acquisition of a machine that costs $360,000. The machine is expected to have a useful life o

f 6 years, a negligible residual value, an annual cash flow of $120,000, and annual operating income of $83,721.
What is the estimated cash payback period for the machine?A. 5 yearsB. 2.5 yearsC. 4.3 yearsD. 3 years

Business
1 answer:
Angelina_Jolie [31]3 years ago
6 0

Answer:

3 years

Explanation:

The cash payback period measures how long it takes for the amount invested in a project to be recouped from cumulative cash flows.

Explanations on how the payback period is calculated can be found in the attached image.

Please contact me if you need clarification.

I hope my answer helps you.

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The equality-efficiency trade-off suggests that a. welfare programs stimulate incentives to work. b. inefficiencies result when
soldi70 [24.7K]

Answer:

The correct answer is letter "B": inefficiencies result when incentives to produce are reduced.

Explanation:

Equity-efficiency tradeoff takes place when attempting to optimize the production efficiency, distribution of wealth is diminished. The concept is always linked to moral philosophy because it implies taking about how people organize themselves in the way to produce and share their goods in a fairly. According to this point of view, when there is not enough motivation to produce inefficiencies arise.

7 0
3 years ago
If you were to going to use a graphic that best showed the relative proportions of educational spending in the State of Californ
Svetradugi [14.3K]

Answer:

(c) Circle graph

Explanation:

The circle graph or pie chart is commonly used when we want to give a visual demonstration of the proportional division of a data. Each item is expressed as a sector of the circle where the angle is relative to the value of the item.

6 0
2 years ago
Read 2 more answers
In 2019, Audrey claimed $2,100 on her Federal tax return for her Child and Dependent Care Expenses Credit. Her Federal adjusted
Maurinko [17]

Answer:

$1,050

Explanation:

Her adjusted gross income is $32,750, so she can claim maximum of 50% of Child and Dependent Care Expenses as CDC Credit

= $2,100 * 50%

= $1,050

So, the amount she can claim for the California Child and Dependent Care Expenses (CDC) Credit  is $1,050

5 0
3 years ago
Concord Corporation’s balance sheet at the end of 2019 included the following items. Current assets (Cash $82,000) $236,770 Curr
xenn [34]

Answer:

Cash flow generated for the year: 71,790

Explanation:

From the information given we use the indirect method, we adjust net income for the non-monetary terms and then, adjust for the changes in working capital

The sale of assets will be enter under investing activities for the cash received regardless of the gain/loss at disposal

the stock transactions are considered financing from the firms perspective.

<u>Operating Activities:</u>

Net income           60,100

depreciation          16,540

loss at disposal          230

(21,770 - 9,770 = 12,000 against 11,770)

amortization            2,500

adjusted income:                        79,370

<em>changes in working capital:</em>

increase in current assets:        (29,000)

increase in current liabilities:  <u>     14,770  </u>

net change in working capital     14,230

from operating activities:            93,600

<u>Investing Activities</u>

sale of equipment                    11 ,770

purchase of stocks                 (16,000)

Building improvements        <u>  (28,770)  </u>

from investing activities         (33,000)

<u>Financing Activities</u>

Issuance of bonds payable     52, 190

Cash dividends                       (30,000)

Purchase of treasury Stocks <u>  (11, 000)   </u>

from financing activities           11,  190

Cash flow generated for the year:

93,600 - 33,000 + 11,190 = 71,790

5 0
3 years ago
llini Inc. incurred a material loss that was unusual in character. This loss should be reported as: a. a line item between incom
Savatey [412]

Answer:

The correct answer is letter "B": a line item within income from continuing operations.

Explanation:

Unusual items are those not inherent in the operations of a business. Examples of unusual in character items are plant shutdown costs, costs from acquiring other businesses, or losses due to ti natural disasters. Unusual items according to the Generally Accepted Accounting Principles (GAAP) must appear in the income statement. Though, they appear in separate lines like items to give a better idea of the transactions a company incurs given a period.

Thus, <em>losses incurred as an unusual character will have to be registered in the income statement in the operating income section.</em>

8 0
3 years ago
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