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earnstyle [38]
3 years ago
12

What is the payback period for the above set of cash flows? (Do not round intermediate calculations. Round your answer to 2 deci

mal places (e.g., 32.16).)

Business
1 answer:
inna [77]3 years ago
4 0

Answer: 2.74 years

Explanation:

Payback Period is a method of capital budgeting that works by checking how long the project will take to repay the investment outlay.

The formula is;

Payback Period = Year before Payback Period occurs + \frac{Cash remaining}{Cashflow in year payback happens}

Initial Outlay = $4,650

First Year = $1,350

Second Year = $2,450

Third Year = $1,150

First year + second year = 1,350 + 2,450 = $3,800

Remaining till repayment = 4,650 - 3,800 = $850

Third year amount of $1,150 is higher than $850 so amount will be repaid in 3rd year.

Payback Period = Year before Payback Period occurs + \frac{Cash remaining}{Cashflow in year payback happens}

Payback Period = 2 + \frac{850}{1,150}

Payback Period = 2.74 years

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Twenty percent of all businesses in the United States are corporations and they account for 80% of the total business dollars generated.

Explanation:

Small businesses account for more than 99% of America's 28.7 million corporations. The vast majority (88%) of employers are under 20, and nearly 40% of all businesses have less than 100 000 dollars of income. 20% of SMEs are contractor firms and 80% are non-employer businesses.

In reaction to concerns from their economic confidence to obstacles to their ownership, more than 2000 existing and potential companies across the country have responded.

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3 years ago
What cost of living?<br> Need help please
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3 years ago
Colaw Co. pays all salaried employees on a biweekly basis. Overtime pay, however, is paid in the next biweekly period. Colaw acc
fgiga [73]

Answer:

salaries expense   81,000  debit

    salaries payable               81,000 credit

Explanation:

the recurrring salaries for a biwweekly salaries is 270,000

In two weaks assuming five-day work week, there is 10 days.

so we divide to get the expected wages per day the recurring salaries by the amount of days of that period:

270,000 / 10 = 27,000 per day

Then, we multiply by the 3 days from the current period:

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Find the product of 28 and 97.
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The product of 28 and 97 is 2716
8 0
3 years ago
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A handful of companies on the Fortune 500 list are more than 100 years old, which is rare. What organizational characteristics d
ohaa [14]

Answer:

Following are the organizational characteristics that explain the 100-year longevity of a company:

Explanation:

Selling Necessity Goods

Many of companies provide such goods and services which are essential for our everyday activities. Hence, people tend to buy from these companies as it is their routine to do so.

Laser-Sharp Customer Focus

These companies have always focused on the ever changing needs and demands of the customers and have worked accordingly.  Hence their focus on customer service is the key to their success.

Willingness to Chart New Territory

Since customer needs are always evolving, all organizations celebrating centennials have taken significant gambles in order to expand their offerings.  Steelcase, for instance, began as a furniture company but has recognized that the way people work has changed.  

Ongoing Community Relationships

Long-lasting organizations also make their mark by giving back to the communities in which they’ve thrived. The GSUSA estimates that its members complete more than 75 million hours of community service annually.  

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