Answer:
3.2 years
Explanation:
Calculation to determine what The payback period of the project is closest to:
Using this formula
Payback period = Investment required ÷ Annual net cash inflow
Let plug in the formula
Payback period= $343,000 ÷ $107,000 per year Payback period= 3.2 years
Therefore The payback period of the project is closest to:3.2 years
they are said to be capitalized.
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The choices were; a. informal, b. chronological, c. serialized, d.conversational, e. solicited.
The answer is, e. solicited.
A solicited letter is written by the job hunter to the employer. It indicates the kind of working position the job hunter is applying for and also how she/he had learned there is a job opening in that position.
The employer gets a specific idea on the job hunter's intention and also learn that the ads or announcement reached them.
Answer:
B) $15,000
Explanation:
Even though the leasehold improvements have an estimated useful life of 10 years, Ames should amortize them in 8 years since they are not certain about renewing the lease contract.
amortization per year = $120,000 / 8 = $15,000
Since Ames has only leased the office for one year, then the accumulated amortization should be $15,000
Answer:
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Explanation:
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