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Nuetrik [128]
2 years ago
14

You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $ 5 com

ma 500 and will be posted for one year. You expect that it will generate additional revenue of $ 935 a month. What is the payback​ period? g
Business
1 answer:
kumpel [21]2 years ago
7 0

Answer:

5.34 months

Explanation:

Pay back period calculates how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.

Payback period = amount invested / cash flows

$5000 / $ 935 = 5.34 months

I hope my answer helps you

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One reason governments impose taxes is to:
muminat
Make money for the government
3 0
2 years ago
Mervon Company has two operating departments: mixing and bottling. Mixing occupies 23,045 square feet. Bottling occupies 18,855
fiasKO [112]

Answer:

Mixing= $112,000

Bottling= $91,800

Explanation:

Giving the following information:

Mixing occupies 23,045 square feet

Bottling occupies 18,855 square feet.

Total sq= 41,900

Indirect factory costs include maintenance costs of $204,000.

First, we need to calculate the proportion of square feet for each department:

Mixing= 23,045/41,900= 0.55

Bottling= 18,855/41,900= 0.45

Now, we can allocate overhead:

Mixing= 0.55*204,000= $112,000

Bottling= 0.45*204,000= $91,800

7 0
3 years ago
Which of the statements below is​ FALSE? A. Common​ stock's ownership claim on the assets and cash flow of a company is often re
elixir [45]

Answer:

The option B. The profits for common stock owners come before payment to​ employees, suppliers,​ government, and creditors. is the false statement.

Profit is any amount that is left after setting aside the cost and liabilities. It is financial gain which is represented by the difference between the amount that is spent and the amount that has been earned or gained. Whereas common stock is a kind of a common share holder equity which also considered to be a type of a security.

8 0
3 years ago
Which of the following statements about the consumption component of GDP is not​ correct?
Assoli18 [71]

Answer:

D. Spending on services is smaller than the amount of consumption spending on durable and nondurable goods.

Explanation:

For developed countries like the U.S, there is a lot of stress in consumption of services such as good health care, appropriate and quality education and among others. These services contribute to a larger proportion of consumption component of GDP than both durable and nondurable commodities. Therefore, the statement “spending on services is smaller than the amount of consumption spending on durable and non-durable goods” is not correct

3 0
3 years ago
If the price of Coca-Cola increases from 50 cents to 60 cents per can and the quantity demanded decreases from 100 cans to 50 ca
yawa3891 [41]

Answer:

E. Elastic

Explanation:

Unit elastic demand is when the quantity demanded changes by the same percentage that the price does.

Inelastic demand is when the quantity demanded changes less than the price does.

Elastic demand is when an increase in prices causes a bigger percentage fall in demand. It is also when price or other factors have a big effect on the quantity consumers want to buy. In this case; the price rises 20% (50 to 60) and demand falls 50% (100 to 50), so the demand for Coca-Cola is elastic

6 0
3 years ago
Read 2 more answers
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