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mixer [17]
3 years ago
10

An investment project provides cash inflows of $615 per year for eight years. a. What is the project payback period if the initi

al cost is $1,750
Business
1 answer:
aksik [14]3 years ago
8 0

Answer:

It will take 3 years and 66 days to pay for the initial investment.

Explanation:

Giving the following information:

Cash flows= $615 for 8 years

Initial investment= $1,750

<u>The payback period is the time required to cover for the initial investment.</u>

<u></u>

Year 1= 615 - 1,750= -1,135

Year 2= 615 - 1,135= -520

Year 3= 615 - 520= 95

Exactly:

(95/520)= 0.18*365= 66

It will take 3 years and 66 days to pay for the initial investment.

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The transformation of an organization through the revitalization of the key ideas on which it is built is known as?
Irina18 [472]

The transformation of an organization through the revitalization of the key ideas on which it is built is known as self renewal.

<h3>What is meant by self renewal in business?</h3>

The term has to do with the dimension that is seen in a business through the renewal of the key ideas of the particular business. This is the change and redefinitions of the concepts of the business and the ways that it is organized.  It also has to do with the systems that would bring about innovations.

Hence we can say that The transformation of an organization through the revitalization of the key ideas on which it is built is known as self renewal.

Read more on transformation of organizations here: brainly.com/question/10783581

#SPJ1

7 0
2 years ago
The doctrine that allows for a more flexible use of copyrighted material such as for educational purposes is known as _____.
densk [106]

Answer:

where are the options for these questions

8 0
3 years ago
Jim is a lawyer who requires that his clients pay him in advance of legal services rendered. Jim routinely credits Legal Service
ss7ja [257]

Answer:

Legal Service Revenue Dr $3000

Unearned Revenue Cr $3000

This is due to the fact that the amount of 25% of the work is undone. Hence, it is recorded as a liability and since it is earned, it is shown as unearned revenue.

3 0
3 years ago
How much TOTAL (principle and interest) will be paid over the life of the following loan: $185,000 loan; 7% annual interest (mon
Yuri [45]

Answer:

$443,091.5

Explanation:

Given that,

Amount of loan, present value = $185,000

Annual rate of interest, r = 7% ÷ 12

                                         = 0.00583

Time period = 30 years

Therefore,

Monthly payments:

=\frac{r\times PV}{[1 - (1+r)^{-n}]}

=\frac{0.00583\times 185,000}{[1 - (1+0.00583)^{-30\times12}]}

=\frac{1,078.55}{[1 - (1.00583)^{-360}]}

= 1230.81

Total (principle and interest) will be paid over the life:

= Monthly payments × 360

= $1,230.81 × 360

= $443,091.5

5 0
3 years ago
Suppose you examine the central bank’s balance sheet and observe that since the previous day, reserves had fallen by $100 millio
aksik [14]

Answer:

The Central Bank is trying to increase money supply.

Explanation:

When the Central Bank makes moves to increase reserves, it means that it is simply trying to mop up excess cash from the economy to fight inflation. Spiking inflation means that the power of a currency is gradually being eroded. The Central Bank cannot allow this to happen so it hits the "Reduce Money In Circulation" button. It does this by reviewing upwards, the money reserves which commercial banks must hold with the Central Bank.  

It can also increase the rate at which it lends to the Commercial Banks and Investment houses. Commercial Banks, in turn, transfer the additional cost of borrowing to businesses who will seek loans. This slows down the rate at which money is pumped into the economy.

In the question, however, we notice that the Central Bank has enervated its reserves. This means that it is pumping more money into the economy. This economic move may have been executed to prevent the economy from slipping into a recession or simply to stimulate the economy.

In the short run, increased money supply means, businesses have more access to funds from commercial banks. More funds mean, more investment. Increased investment spending means the businesses will need to expand operations, hire more staff, and the multiplier effect goes on and on.

Cheers!

6 0
3 years ago
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