Answer:
The answer is: Expected annual net cash savings are $16,750.
Explanation:
Please find the below for detailed explanations and calculations:
Payback period is defined as the time it takes an investment to recover its initial investment.
In this case, the initial investment is the cost of software package at $67,000, while the payback period is four years.
We apply the payback period formula to calculate payback period to calculate the Expected annual net cash savings:
Payback period = Initial investment / Net cash flow per period <=> Net cash flow per period = Initial investment / payback period = 67,000 / 4 = $16,750.
So, Net cash savings annually is expected at $16,750. In other words, if the firm is to save $16,750 per year from owning the software, it will take the firm 04 years to recover its initial investment.
Answer:
Correct answer is A, They know how to oversell their product so the customer can't say no. Explanation: Good salespeople are those who sell more and more of their company's product.
Interest on purchase consideration, the salary of partners, and interest on vendor capital are to be charged during the pre-incorporation period.
Answer:
4*0.07=energy use per day(x)
(x)*30=energy use in thirty days (y)
Therefore
X=$0.28
Y=$8.4
Explanation: