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
Nesterboy [21]
3 years ago
5

​O'Mally Department Stores is considering two possible expansion plans. One proposal involves opening 5 stores in Indiana at the

cost of​ $1,890,000. Under the other​ proposal, the company would focus on Kentucky and open 6 stores at a cost of​ $2,900,000 .The following information is​ available: Indiana proposal Kentucky proposal Required investment ​$1,890,000 ​$2,900,000 Estimated life 5 years 5 years Estimated residual value ​$80,000 ​$70,000 Estimated annual cash inflows over the next 9 years ​$700,000 ​$800,000 Required rate of return ​13% ​13% The payback period for the Kentucky proposal is closest to
Business
1 answer:
Tatiana [17]3 years ago
4 0

Answer:

3.63yrs

Explanation:

CExplanation: C) Investment / Annual cash flows$2,900,000 / 800,000 = 3.63 yrs

You might be interested in
The economic effect of an expense is incurred when the benefit expires or is used up not when cash is paid true or false
12345 [234]

Answer:

false

Explanation:

4 0
3 years ago
3.1. Explain which of the following approaches to strategy formulation is more likely to generate economic profits: (a) evaluati
Radda [10]

Answer:

Option B.

Explanation:

Employing internal based resources gives a better competitive edge to an organisation as those resources are already in place. This eliminates extra cost of getting new funding or resources as in option A.

5 0
3 years ago
A high school student working part-time as a shelf stocker had a gross income of $6675 last year. If his federal tax rate was 10
Natalka [10]

Answer:$1378.38

Explanation:

7 0
3 years ago
Read 2 more answers
Fred promises barney $25,000 to not open his proposed business in the same city. they sign a contract stating that fred promises
Vlad1618 [11]
Fred will either have to pay more than he proposed or Barney would be able to open his business in the same city
7 0
3 years ago
The Baldwin's workforce complement will grow by 10% (rounded to the nearest person) next year. Ignoring downsizing from automati
Serggg [28]

Answer: d. $282,000

Explanation:

The workforce complement is to increase by 10%;

= 471 * 10%

= 47.1

= 47 people

Recruiting cost = 47 * (recruiting base + recruiting spend)

= 47 * ( 1,000 + 5,000)

= $282,000

4 0
3 years ago
Other questions:
  • "A call center has a total of 12 telephone lines coming into its customer service department, which is staffed by 5 customer ser
    9·1 answer
  • Jake and janelle loved to prepare gourmet meals for friends and family. they started a business of preparing theme type dinners
    8·1 answer
  • In economics, what is logrolling?
    10·1 answer
  • What amount do you need to invest to obtain $20,000 at 6 percent simple interest per year, after ten years?
    8·2 answers
  • Stowell earns 20% interest compounded annually on his savings. He will deposit $1,500 today, $1,650 one year from today, and $1,
    6·1 answer
  • What barriers to entry exist in other industries that allow certain firms to operate as a monopoly? Are these barriers contestab
    14·1 answer
  • Late in the current year, Jolsen Company signed a four-year contract with an advertising agency. Under the contract, Jolsen must
    5·1 answer
  • Which of the following statements concerning product costs versus general, selling, and administrative costs is false?
    13·1 answer
  • Which sentence best completes the diagram?
    9·1 answer
  • The idea that the mission of business is to produce goods and services at a profit, thus maximizing its contribution to society
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!