Answer:
The payback period for this project is 2.43 years.
Explanation:
Elmer Sporting Goods is getting ready to produce a new line of golf clubs by investing $1.85 million.
The investment will result in additional cash flows of $525,000, $812,500, and 1,200,000 over the next three years.
The payback period is the time it takes to cover the investment to be covered by returns.
The investment cost remaining in the first year
= $1,850,000 - $525,000
= $1,325,000
The investment cost remaining in the second year
= $1,325,000 - $812,500
= $512,500
The third year payback
= ![\frac{\$ 512,500}{\$ 1,200,000}](https://tex.z-dn.net/?f=%5Cfrac%7B%5C%24%20512%2C500%7D%7B%5C%24%201%2C200%2C000%7D)
= 0.427
The total payback period
= 2.43 years
<u>Answer:</u>
<em>The purpose of including boot in a nontaxable exchange is to equalize the adjusted tax bases of the properties exchanged.
</em>
<em></em>
<u>Explanation:</u>
A nontaxable exchange is a trade wherein you are not exhausted on any addition, and you cannot deduct any loss. On the off chance that you get property in a "nontaxable business", its premise usually is equivalent to the assumption of the property you moved. A nontaxable increase or misfortune is otherwise called an unrecognized addition or misfortune.
Answer:
depreciation per year: 9,000
<u>operating income: </u> 41,000
Explanation:
Q: Adjusted the records to reflect the use of the cooktop.
Under straight-line the company will recognize the same amount of depreciation over the course of the assets life. At year-end the company will adjsut for the loss in value for the asset generated for the past of time.
![\frac{cost - salvage \: \:value}{useful \:\: life}](https://tex.z-dn.net/?f=%5Cfrac%7Bcost%20-%20salvage%20%5C%3A%20%5C%3Avalue%7D%7Buseful%20%5C%3A%5C%3A%20life%7D)
![\frac{40,000- 4,000}{4}](https://tex.z-dn.net/?f=%5Cfrac%7B40%2C000-%204%2C000%7D%7B4%7D)
depreciation per year: 9,000
<u>operating income:</u>
revenues 72,000
salaries expense: (25,000)
depreciation per year: (9,000)
total 41,000
Jim is analyzing the <u>prospectus </u>through which he learns about the potential for profits, the risk involved, and the capital that is needed to become a shareholder of a company.
<h3>What is the significance of the prospectus?</h3>
It is crucial for an investor to get as a good deal of data as feasible approximately a funding earlier than placing your money into any company. One of the files provided through many businesses is the <u>prospectus. </u>
The prospectus presents you with data approximately the funding and allows you're making a knowledgeable choice as an investor.
Therefore, Jim is analyzing the <u>prospectus </u>through which he learns about the potential for profits, the risk involved, and the capital that is needed to become a shareholder of a company.
Learn more about <u>the prospectus:</u>
brainly.com/question/27245796
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Answer:
<h2>The Receipt Capture feature is available in all the QBO subscription levels, from Simple Start through Advanced, and is located in the Banking Center. There are three ways to capture receipts so that they can</h2><h2> be matched to transactions and</h2><h2> added to the bank feed, thereby tracking the expenses in QuickBooks.</h2>
Explanation:
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<h2>
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