Answer:
5 years
Explanation:
Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows
Payback period = Amount invested / cash flow
$30,000 / $6,000 = 5 years
Answer: Secondary
Explanation: Unlike primary data, where organisations conduct research first hand, secondary research makes use of already existing data. This is a more inexpensive technique of collecting data as it uses data that is already present. For specific types of research, such as the one conducted by Jennifer Burroughs in the scenario, the research would be collated and summarised so that it can be more useful.
Answer: a) Fuel Connector's place of business.
Explanation:
Since Go-Flo is expected to pick up the goods from Fuel Connector Products, Inc., therefore, Go-Flo should pick up the the hose couplings and fittings from Fuel Connector's office. Also, since the contract does not specify a place so its only logical that Go-Flo would have to go to Fuel Connector's place of business.
Answer:
I think the answer is an increase in supply