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3 years ago

Suzanne's Cleaners is considering a project that has the following cash flow data. What is the project's payback?

Business

1 answer:

natima [27]3 years ago

3 0

Answer:

The payback period is E. 3.52 years

Explanation:

The payback period is the time taken for an investments cash inflows to cover the initial outlay or initial cost of the project. The payback period tells how much time the project will require to cover its initial cost.

The initial cost of the project is $1100

By the end of Year 3, the project will recover = 300 + 310 + 320 = 930

The remaining amount to recover initial cost = 1100 - 930 = 170

Assuming that the cash flows occur evenly though out the years, the payback period will be = 3 + (170 / 330) * 10 = 3.515 rounded off 3.52 years

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What are the advantages and disadvantages of common stocks

andrey2020 [161]

Advantages:

You can invest in companies with limited liability.
Common stocks offer a higher earning potential.
You can easily purchase common stock on virtually any trading platform.
Common stocks can provide dividends.
You’ll get to take advantage of a growing economy.

Disadvantages:

You are the last person to get paid during a company liquidation.
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5 0

3 years ago

A demand function for step stools manufactured by U-Step is q = -720p + 20,500.

meriva

Answer:

$140,420

Explanation:

The demand function is q = -720p + 20,500.

The price is $17

q = -720 ($17) + 20500 = 8260

The quantity sold is 8260

Revenue = price × quantity sold

= $17 × 8260 = $140,420

5 0

3 years ago

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STatiana [176]

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3 0

3 years ago

A company had sales of $500,000 in 1996 and sales of $720,000 in 1998. Use the midpoint formula to find the company's sales in 1

rjkz [21]

Answer:

$610,000

Explanation:

According to the midpoint value, we have to find out the mid value of two amount.

As in the question, the sales for 1996 and the sales for 1998 are given and we have to find out the sales for 1997

So, by using the mid point formula approach, the sales for 1997 is

= (1996 sales + 1998 sales) ÷ (Number of years)

= ($500,000 + $720,000) ÷ (2 years)

= ($1,220,000) ÷ (2 years)

= $610,000

Therefore, the estimated sales value of the company for year 1997 is $610,000

3 0

3 years ago

The Federal Reserve District Banks are divided: into geographical regions with the majority of the district banks located in the

Oksana_A [137]

Answer:

geographically to encompass the 12 largest metropolitan and financial areas in the United States.

Explanation:

When the Federal Reserve District Banks were to be divided there were huge discussions on such division but it was later discovered that important places and cities should get their separate divisions.

Accordingly, it was divided into 12 segments which shall cover the most vital economic centres and the most needful shall be served first.

And thus, the metropolitan and financial centres of United States got their area specific divisions.

8 0

3 years ago