Answer:
Initial Cost = $180
Explanation:
Payback period estimates the time an investment projects resulting cash flows take to recover the initial amount o=invested in the project. A traditional payback period doesnot take present value into account and just focuses on the nominal recovery of the initial investment.
If a capital budgeting project provides inflows of $50 per year and the payback period is 3.6 years, the initial investment is:
3.6 = 50 + 50 + 50 + x
Where x = 0.6 of 50
and x = 0.6 * 50 = 30
Initial cost = 50 + 50 + 50 + 30 = $180
Answer:
$355,000
Explanation:
Joe's jalopies sold one of its warehouse for $300,000 and a tractor that has a fair market value of $25,000
The warehouse had a mortgage of $50,000 against it.
The adjusted basis was $130,000
Joe had to make a payment of $20,000 in sales commission to the realtor
Therefore, the amount realized by Joe's jalopies can be calculated as follows
=$300,000+$25,000+$50,000-$20,000
= $375,000-$20,000
= $355,000
Hence the amount that was realized by Joe's jalopies is $355,000
Answer:
Kindly check explanation
Explanation:
A.)
From the histogram, the number of runners who made a certain range of Runtime can be easily deduced on the y-axis of the histogram, which isn't possible on the boxplot.
Summary statistic such as lower quartile, median and upper quartile statistics including outliers can be deduced easily from the boxplot.
B.)
Bimodal distribution occurs when two different groups or class have the highest number of values in a distribution.
C.)
The distribution of marathon times for men is fairly normally distributed while that if women is skewed.
The minimum and maximum values in the women's distribution is greater than the minimum and maximum values in the men's distribution.
The women's distribution has greater variance than the men's distribution. (greater range value).
Answer: Accounting profits ignore implicit costs; economic profits consider them.
Explanation: In simple words, implicit cost refers to the cost of choosing the best alternative and loosing the profit that one could have earned by choosing the second best alternative.
Accounting profit is the revenue that one has left with after compensating for explicit cost but economic cost also takes into consideration the implicit one.