The believe the correct answer is a
Answer:
The payback period of the investment is 6.5 years
Explanation:
1. In order to calculate the payback period of the investment we would have to make the following calculation:
payback period of the investment=Year before full recovery+(Unrecovered cost at the start/cash flow during the year
)
payback period of the investment=6+ ($23,000−$20,500)
/$5,000
payback period of the investment=6.5 Years
The payback period of the investment is 6.5 years
Answer:
A financial statement showing the revenue and expenses for a fiscal period. True
Explanation:
A financial statement showing the revenue and expenses for a fiscal period. <em><u>True because </u></em> income statement is a financial statement and shows the expenses and income ( revenue) during a fiscal period.
A fiscal period is the time period reflected in a financial statement. It is usually a quarter or an accounting period.
There are four main kinds of financial statements. Income statement is one of the financial statement which tells about the expenses and revenues
Answer:
pursued distinct strategic positions
Explanation:
This is most likely because both companies have pursued distinct strategic positions. Meaning that they have both found a specific niche within the restaurant business and decided to fulfill each their own specific niche. This allows them to be part of the same industry while still offerring their customers completely seperate experiences. These unique and very different experiences is what allows both Lil Anthony's and Amelia's business to thrive. If they instead offered their customers the same experience then they would be directly competing against each other and only one would be able to stay in business and they would steal the other's customers.
