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slamgirl [31]
3 years ago
7

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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The summary as per the given query is summarized below.

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  • The criterion used by economists to decide whether the individual was working wasn’t employed.
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  • The labor force seems to be the number among all jobs working as well as unemployment.
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Genuineness, or reality, of agreement is said to be present in a contract when there is?
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The correct answer is a true meeting of the minds.

Genuineness, or reality, of agreement is said to be present in a contract when there is a true meeting of the minds.

What is Genuineness or reality of aggreement?

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  • A party who illustrates that he or she did not truly consent to the terms of a contract may void the contract.
  • Veritable consent may be missing due to botch, false distortion, undue impact or pressure.
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