1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
On January 1, 2014 the Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $30,000 and $500, respect
san4es73 [151]

Answer:

correct option is $750

Explanation:

solution

we know here that Net balance of opening accounts receivable is

Net balance of opening accounts receivable = $30000 - $500

Net balance of opening accounts receivable = $29500

and

Credit sales during the year is here $7500 0

and Cash payments received = 74550

so

uncollecectible account expenses = credit sales × % of sale uncollectible

so uncollecectible account expenses = $75000 × 1%

uncollecectible account expenses  = $750

so correct option is $750

8 0
3 years ago
Martin had 24 5 pounds of grapes left. which expression shows the pounds of grapes martin has if he doubles his current amount?
nataly862011 [7]

If Martin had 24 5 pounds of grapes left. The expression that shows the pounds of grapes martin has if he doubles his current amount is:  (2) (2) (2) (four-fifths).

<h3>Double amount of grapes</h3>

Given: Current amount of grapes=2 4/5=14/5

Double amount of grapes=2×14/5=28/5

Hence:

2(2)+(2) 4/5

=4+8/5

=28/5

The expression is: (2) (2) (2) (four-fifths) or 2(2)+(2) 4/5.

Therefore If Martin had 24 5 pounds of grapes left. The expression that shows the pounds of grapes martin has if he doubles his current amount is:  (2) (2) (2) (four-fifths).

Learn more about Double amount of grapes here:brainly.com/question/17044886

#SPJ1

7 0
2 years ago
A more professional focus of running events started to take place during the late 1800s. The catalyst for such a professional fo
UkoKoshka [18]

Answer: D. a desire to increase profits

Explanation:

During the late 1800s, a more professional focus of running events began to take place. The main reason for such a professional focus emphasis occurred due to a desire to increase profits.

It was realized that having a more professional focus on running events could bring about more funds and also bring about more intersted spectators.

3 0
3 years ago
What are the advantages of virtual meetings?
myrzilka [38]

Answer:

Virtual meetings are becoming more and more common nowadays. They can be used for meetings with colleagues, staffs or partners and even for training, presentation. Here are several advantages of virtual meetings, explaining why it becomes so common.

First, they are cost effective compared with the physical one. Virtual meeting requires each participants only computer or another mobile device - which that almost every one owns with internet connection. Meanwhile, the physical one requires travelling which takes time and money, place to hold the meetings.

Secondly, it is convenient and allow the participants from different places. The technological development with internet connection facilitate the virtual meeting even when the members are geographically distant from each other.

Furthermore, there are several minor benefits such as they help share information in real time, contribute to environmental protection, etc.

7 0
3 years ago
​Otto is considering forms of business organization for Pro Tree Service, his landscaping firm. Like most states, Otto's state r
mylen [45]

Answer:

The correct answer is (d)

Explanation:

Otto state like most states in the US demands articles of organisation from the firm and organisations to form a limited liability company. In most of the states, it is compulsory to how an article of organisations which legally binds a company to follow all the rules and regulations. Article of organisation is also known as an article of formation.

7 0
3 years ago
Other questions:
  • Identity thieves can use your personal information to:
    11·1 answer
  • You are a very small company that sells healthcare insurance plans. You estimate that the breach of your customer database will
    10·1 answer
  • Southern Tours is considering acquiring Holiday Vacations. Management believes Holiday Vacations can generate cash flows of $218
    12·1 answer
  • A marketplace offering that fairly and accurately sums up the value that the customer will realize if he or she purchases the pr
    11·1 answer
  • Assembly department of Zahra Technologies had 100 units as work in process at the beginning of the month. These units were​ 45%
    8·1 answer
  • The actual cost of direct labor per hour is 16.00 and the standard cost of direct labor per hour is 15.50. The direct labor hour
    6·1 answer
  • Identify the following is structural, frictional, cyclical and seasonal employment.
    7·1 answer
  • 1, xyz company cost function for the next four month is cost =500000+5Q A, find the BE dollar volume of sale is the selling pric
    6·1 answer
  • Eastern Corporation collects 10% in the second month following sale, 55% in the month following sale, and 35% of a month's sales
    12·1 answer
  • Freeze Ice Cream Shop sells its specialty shakes for $3.50 each. In the summer months, the shop typically sells 200 shakes a day
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!