Answer: 2.90 years.
Explanation:
Payback period is the amount of time that it will take a project to pay back or recuperate the initial investment in the project.
This project is making $8,600 a year and had an initial investment of $25,000.
The Payback period is;
= Investment / Annual Cashflow
= 25,000 / 8,600
= 2.90 years.
Answer:
Gross margin $22,346
Explanation:
The computation of the gross margin is shown below:
Sales $66,300
less:
Direct material $15,900
Direct labor $14,430
Overhead $13,624 ($16,244 ÷ 310× 260)
Gross margin $22,346
Hence, the gross margin is $22,346
Answer:
The correct answer to the following question will be "Formal proposal".
Explanation:
- Usually, formal proposals become prepared for bigger projects, here as in the case the expenditure demand is high, there is a huge amount of participants as well as the plan will be extensive, so formal proposals have become an easy option because informal proposals are made for projects too.
- Grant applications should never be posted here since they are usually sent to a grant seeking agency or entity. That is just not Rene 's goal in this.
Answer:
Implied covenant of good faith
Explanation:
With respect to the employment-at-will doctrine, this is implied covenant of good faith.
The employment - at - will - doctrine has three major laws which are public policy, implied covenant of good faith and implied contact.
The above scenario is an example of implied covenant of good faith which states that no employer can dismiss or discharge an employee without any plausible reason that makes sense or without proving the employees lack of worth to the company.
