Answer:
(1) Payback period is 4.588 years or 4 years and 215 days
(2) 5.13%
Explanation:
(1)
Payback period is the time period in which Initial Investment made in the project is recovered in the form of cash inflows.
Payback period = Initial Investment / Annual net cash flow
Payback period = $390,000 / $85,000 = 4.588 years = 4 years and 215 days
(2)
As per given data
Net Income = $20,000
Initial Investment = $390,000
Annual rate of return is the ration of net income to the investment made in the project.
Annual rate of return = Annual net Income / Initial Investment
Annual rate of return = ($20,000 / $390,000) x 100 = 5.13%
Answer:
b) Brittany will pay more because she must pay the entire bill since she has not met her deductible while Brandon will have part of his bill paid by his policy.
Explanation:
since Brandon only $150 as the maximum amount his plan provides for a visit to any specialist, Brittany will have to pay more since Once she has met the deductible, the policy will cover the full cost of her visits.
Answer:
In the context of the external environment of an organization, the task environment: includes the sectors that conduct day-to-day transactions with the organization.
Explanation:
In an organization setting, what is tagged as external environment entails the sectors that transacts with the organization on a day-to-day routine. Their forms of relationship on daily basis makes them to serve as external environment, they could be clients as the case may be.
Answer:
mental budgeting
Explanation:
This is an example of mental budgeting because mental budget reduce the resistance that consumers feel when buying more than one item.
If you have a wide range of products, especially the spectrum of "serious", from need to fun then you can promote purchases in the mix categories.
so answer is mental budgeting
