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meriva
3 years ago
8

Joe's Hardware is adding a new product line that will require an investment of $ 1,512,000. Managers estimate that this investme

nt will have a​ 10-year life and generate net cash inflows of $ 310,000 the first​ year, $ 270,000 the second​ year, and $ 230,000 each year thereafter for eight years. Compute the payback period. Round to one decimal place.

Business
1 answer:
Sati [7]3 years ago
7 0

Answer:

6.05 years

Explanation:

Payback period is the time in which a project returns back the initial investment in the form of net cash flow. For this purpose we use the net cash flows to calculate the payback.

Payback working is attached with this answer please find it.

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Which of the following actions would be an acceptable response by the Federal Reserve to an economic downturn?
Mamont248 [21]

Answer:

Raise the discount rate

Explanation:

might be the answer

4 0
2 years ago
An ethical persuasive argument select one:
podryga [215]

Ethical persuasion<span> is defined as a person’s  internal capability to understand others, care for them, respect,  understand and be fair by hearing their viewpoints at the same time sharing his.  It is an exchange 0f each others’ viewpoints to create resolutions. Therefore, a</span><span>n ethical persuasive argument is not a contradiction in terms,  does not include evidence the sender can come up with, whether or not it's relevant, does not focus on how the audience’s action will benefit the sender but it focuses on being both truthful and nondeceptive. </span>

3 0
3 years ago
Rashan's family is always telling him he's worthless and will never be successful at anything he does. Eventually, he reaches a
Ivenika [448]

Answer:

Self-esteem

Explanation:

Self-esteem is a person's evaluation of their worth. This evaluation is subjective as it may not be based on reality. Self-esteem is influenced by one's environment including peer groups, family, and coworkers.

Self-esteem induces the following feelings: shame, despair, pride, and triumph. It determines if a person likes themselves or not. People with high self-esteem are happy and comfortable with themselves, while those with low self-esteem are often depressed.

Rashan's self-esteem has gone low as he now believes what his family is telling him. That he is worthless.

7 0
4 years ago
Yuri wants to pay for his new chair using a check. What must he consider before using that method of payment
sergij07 [2.7K]

Answer:

He needs to make sure his checking account balance is sufficient enough to cover the check

Explanation:

3 0
3 years ago
Read 2 more answers
A project has an initial cost of $17,700 and produces cash inflows of $7,200, $8,900, and $7,500 over three years, respectively.
Andreas93 [3]

Answer: Never

Explanation:

Discounted payback period aims to find out how long it will take for a project to repay its investment given its discounted cashflows.

Year 1 = 7,200 / ( 1 + 0.16)

= $6,206.8965

= $6,206.90

Year 2 = 8,900 / ( 1 + 0.16) ²

= $6,614.149

= 6,614.15

Year 3 = 7,500 / ( 1 + 0.16)³

= $4,804.93

Year 1 + Year 2 + Year 3

= 6,206.90 + 6,614.15 + 4,804.93

= $17,625.98‬

It failed to pay back the $17,700

3 0
3 years ago
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