Answer:
3.7 years
Explanation:
Given that,
Initial investment = $354,000
Net income = $47,000
Depreciation = $48,000
Annual cash flow:
= Net income + Depreciation
= $47,000 + $48,000
= $95,000
Payback period:
= Initial investment ÷ Annual cash flow
= $354,000 ÷ $95,000
= 3.7 years
The payback period of the project is closest to 3.7 years.
ok ok poko kdwkdwExplanation:
Answer: with reserve
Explanation: If nothing is stated to the contrary in terms of an auction,an auction is presumed to be ________.
A)non-binding
B)a quasi-contract
C)without reserve
D)with reserve
E)an implied-in-law contract
An auction is presumed to be with reserve if nothing is stated to the contrary (in terms of an auction). What this means is that the seller is merely expressing or showing his intent to receive offers. In contrast, however, if an auction is without reserve, the lowest bid must be accepted by the auctioneer but if it is with reserve, the auctioneer may refuse to sell the item if he is not satisfied with the size of the highest bid.
Answer: b. Because of unpredictable changes in the public's desire to hold cash or borrow and banks' desires to hold reserves or lend.
Explanation:
The Fed is able to embark on monetary policy that influences the entire country - and the world to some extent - because they have very strong influence over the money supply of the US$.
This influence is not absolute however because as the old adage goes, "you can lead a horse to water but you can't make him drink". In other words, the Fed can relax(impose) restrictions to make money more(less) available but they cannot force people to borrow(hold) that money.
They can't force banks either to either hold reserves or lend money out because banks are free to impose their own reserve limits on top of those of the Fed.
