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
ira [324]
3 years ago
6

Craig's Car Wash Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the projec

t's discounted payback?r = 10.00%Year 0 1 2 3Cash flows −$900 $500 $500 $500a. 1.88 yearsb. 2.09 yearsc. 2.29 yearsd. 2.52 yearse. 2.78 years

Business
1 answer:
otez555 [7]3 years ago
6 0

Answer: B - 2.09 years

Explanation:

Discounted payback period calculates how long it takes for the amount invested in a project to be recovered from the cash flows generated from the project.

The calculation used in getting the answer is found in the attachment.

You might be interested in
Networking is a key benefit to a college education.which of the following is not an example of a networking benefit
Rufina [12.5K]

Answer:

D. Networking ensures higher-paying jobs.

Explanation:

Networking is the act of interacting and sharing information between a group of people with common interests in various settings, such as the work environment, schools, and other social gatherings. When students attend the same school, they share common interests and goals. Networking among them would pave way for possible help in the future with regards to finding a job. But it would be wrong to assume that networking would be a guarantee for higher-paying jobs.

Networking would also help graduates from college to interact with people who have progressed farther in their career than they have. So, they can learn from their wealth of experience.

4 0
3 years ago
Deadweight loss occurs when
dusya [7]

Answer:

d) the maximum level of total welfare is not achieved.

Explanation:

When the economic efficiency bears a loss, it is termed to be a deadweight loss. This condition occurs in the situation when the free market equilibrium is not able to be achieved. It occurs in the economy when the supply and the demand for the goods and services start to fall from being in the state of equilibrium. The resources allocated experiences a deficiency, thereby causing a deadweight loss.

3 0
3 years ago
Below is the complete list of accounts of Sooner Company and the related balance at the end of April. All accounts have their no
allochka39001 [22]

Answer:

                                           Trial Balance

                                                     <u>Debit</u>               <u>Credit</u>

Land                                             53000

Accounts Receivable                  5400

Cash                                              3200

Prepaid Rent                                6700

Accounts Payable                                                 3600

Deferred revenue                                                  1950

Common Stock                                                      33000

Retained earnings                                                 21250

Service Revenue                                                   24700

Salaries expense                          7500

Supplies expense                       <u>  8700  </u>            <u>              </u>

Totals                                            84500               84500                    

Explanation:

The trial balance has been made in the answer section.

3 0
2 years ago
Under two of the incoterms® rules, ________ has to provide the importer with a certificate of insurance.
Dovator [93]
<span>"The exporter"</span> has to provide the importer with a certificate of insurance.

The Incoterms rules are standard arrangements of exchanging terms and conditions intended to help merchants when merchandise are sold and transported. Each Incoterms rule determines: the commitments of each gathering like who is in charge of administrations, for example, transport; import and fare leeway and so on.

3 0
3 years ago
If hat size and iq are positively correlated, which of the following is true? people with large heads tend to have high iqs. peo
zmey [24]
People with large heads tend to have high iqs.
6 0
3 years ago
Other questions:
  • Which is missing in most areas that do not have karst topography?
    10·1 answer
  • What is the theoretical capacity of a ddr4 standard system memory module?
    13·1 answer
  • Moon lite cafe has a semiannual, 5 percent coupon bond with a current market price of $988.52. the bond has a par value of $1,00
    6·1 answer
  • Which of the following organizational forces addresses the values of an individual?
    10·1 answer
  • Based on the data provided, which statement about the total cost for one year is true?
    7·2 answers
  • Ethisphere is a socially conscious research organization that analyzes and reports on corporate social responsibility efforts. T
    13·1 answer
  • A population grows with an annual growth rate of 16.3 % per year. (a) what is the monthly growth rate?
    8·1 answer
  • The measure of a​ company's ability to collect cash from its customers who purchase on account is the A. accounts payable turnov
    6·1 answer
  • Sheffield Corp. developed the following data for the current year: Beginning work in process inventory $ 216000 Direct materials
    14·1 answer
  • Cost standards for one unit of product no. C77: Direct material 3 pounds at $2.50 per pound $ 7.50 Direct labor 5 hours at $7.50
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!