Answer:
5 years
Explanation:
Initital investment $100,000
Cash inflows 1-5 (20,000*5) ($100,000)
The payback period for this investment project is 5 years.
or
100,000/20,000=5 years
Answer:
Account Title Dr Cr
Supplies Expense (22,150+9,350-8,810)..............22690
Supplies....................................................................................22690
Interest Receivable .....................................................450
Interest Revenue .......................................................................450
Rent Revenue.............................................................$7,000
Unearned Revenue...............................................................$7,000
Answer:
A.
Explanation:
Economic systems refers to the different ways in which a government moves and distributes the resources that the country needs, including labor, capital, entrepreneurs, physical resources and information resources. That being said the two main characteristics that explains how they differ would be who owns the factors of production which are the 5 stated above, and the methods used to coordinate economic activity.
Stick to the regular risk and not the new one
