1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vodka [1.7K]
3 years ago
10

Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $142,104. It will have

a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,000, and annual cash outflows would increase by $41,800. Compute the cash payback period.
Business
1 answer:
Usimov [2.4K]3 years ago
7 0

Answer:

3.72 years

Explanation:

The cash payback period of this investment is the initial investment of $142,104 divided by net increase in cash in cash flow per period.

Cash Payback Period = Initial Investment /Net increase Cash Flow per Period

Net increase in cash flow per period=$80,000-$41,800=$38,200

Cash payback period=$142,104/$38,200=3.72 years

It would take 3  years 9 months(0.72*12 months) for the project to pay back its initial investment of $142,104

You might be interested in
MG Lighting had sales of 500 units at $100 per unit last year. The marketing manager projects a 15 percent decrease in unit volu
kakasveta [241]

Answer:

The answer is: Projected net sales for this year are $45,254

Explanation:

The current total sales for MG Lighting are $50,000 (= 500 units x $100 per unit).

Next year their products will have a $10 increase (10%), so the unit price will be $110.

Due to the price increase, the number of units sold will decrease by 15%, to a total of 425 units.

MG Lighting total sales will be $46,750. Approximately 3.2% of the total sales will be returned (equivalent to $1,496).

MG Lighting net sales for this year should be $45,254 (= 46,750 - $1,496)

6 0
3 years ago
Jake, a new human resource manager, alters the hiring and recruitment process of his firm when he learns that the firm was regul
Tom [10]

Answer: Affirmative action.

Explanation:

An affirmative action is a form of action taken that favors members of a particular sex, race, religion, tribe that has been discriminated against in the past. Jake's decision to ensure equal opportunity to all genders is a type of affirmative action.

8 0
3 years ago
Is a company bonus earned income?
katrin2010 [14]
<span>Earned income typically includes salaries and bonuses, wages, commissions and tips. Union strike benefits are also considered earned income, as are long-term disability benefits received prior to minimum retirement age. So yes</span>
7 0
3 years ago
Can somebody help me find a pattern in these numbers?
Papessa [141]
1 and 5 would be the numbers
3 0
3 years ago
Nathan’s Athletic Apparel has 2,000 shares of 5%, $100 par value preferred stock the company issued at the beginning of 2017. Al
Oksi-84 [34.3K]

Answer and Explanation:

The computation is shown below:-

Particulars                                   Cumulative       Non Cumulative

Preferred dividends for 2018       $10,000              $10,000

Preferred dividend in

arrears for 2017                              $10,000               $0

Remaining Dividends to

Common stockholders                    $2,000             $12,000

Total Dividends                               $22,000           $22,000

Dividend payable to Preferred stockholders per year = (Number of shares × Par value) × Given percentage

= (2,000 × $100) × 5%

= $10,000

6 0
2 years ago
Other questions:
  • When purchasing a dishwasher a manager can tell if it is in compliance with the regulatory authority by?
    8·1 answer
  • A product mix is the combination of ___________ offered by a manufacturer. product lines loss leaders unsought goods and service
    6·2 answers
  • Nick works as the manager of Franklin Financial Consultants. His role involves giving tips and helping employees with regard to
    5·2 answers
  • If you brought on a business partner, how could it help your business?
    9·1 answer
  • A study was done on the campus of a major state institution to measure attitudes of students to-wards the recent fee increase. O
    9·1 answer
  • The supply of shoes dropped. Stores are having a hard time finding enough shoes to sell. What will happen to the price of shoes?
    15·1 answer
  • Consider the futures contract written on the S&amp;P 500 index and maturing in one year. The interest rate is 5.8%, and the futu
    14·1 answer
  • Christina purchased 500 shares of stock at a price of $62.30 a share and sold the shares for $64.25 each. She also received $738
    8·1 answer
  • You have been offered a 10-year bond issued by Tiger Inc., at a price of $950.00. The bond has a coupon rate of 8% and pays the
    11·1 answer
  • In an attempt to reduce poaching of elephant tusks for ivory, officials in Kenya burned illegally gathered ivory. Economists ten
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!