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
meriva
4 years ago
6

You are considering a project with an initial cost of $4,300. What is the payback period for this project if the cash inflows ar

e $550, $970, $2,600, and $500 a year over the next four years, respectively? Round to the second decimal place. Type only numbers without any unit ($, %, etc.)
Business
1 answer:
podryga [215]4 years ago
8 0

Answer:

3.36 years

Explanation:

The cash outflows and the cash inflows are shown below:

In year 0 = $4,300

In year 1 = $550

In year 2 = $970

In year 3 = $2,600

In year 4 = $500

When we add the first three-year cash inflows, it would be $4,120 Now we subtract the $4,120 from the $4,300, so the sum would be $180 as if we added the fourth-year cash inflow to the initial investment, then it exceeds.

Therefore, we subtract it, and the next year's cash inflow will be $500.

= 3 years + $180 ÷ $500

= 3.36 years

You might be interested in
How has Groupon effectively used personal selling, advertising, and public relations to market its products?
Rainbow [258]
Groupon effectively uses personal selling, advertising, and public relations to market its products and service by Maintaining a good relationship with the customers by providing easy usage on the application as the customers are convenience. Groupon will effectively use its marketing budget in this campaign to creatively reach consumers and achieve lasting brand loyalty
6 0
3 years ago
Which of the following activities are credits? The impact on accounts receivable from a $10 million collection from a customer.
bagirrra123 [75]

i don’t know .........

3 0
4 years ago
How can investors receive compounding returns?
klemol [59]
Hello,

Your brainliest answer would be:

B. By investing their earnings back into their original investment

Plz mark me brainliest!

Hope this helps!
4 0
3 years ago
Read 2 more answers
A comparative advantage is the ability of a country to produce a particular good or service at a lower ____________ than another
kotykmax [81]

Answer

Hi,

Correct answer option is {a}

Explanation

Comparative advantage occurs when a nation produces a good or service for a lower opportunity cost than other countries. In this case, the advantages of buying their goods or services will surpass the disadvantages. This is to say that country may not be the best nation in production of a particular good or service but the good or service offers a low opportunity cost for other nations to import. A good example is oil-producing nations who have a comparative advantage in chemicals because the oil is locally produced thus a cheap raw material for chemicals as compared to nations without oil production.

Best of Luck!

5 0
4 years ago
Amanda is a full-time exempt employee in Sparks, Nevada, who earns $89,200 annually. She is married with 1 deduction and is paid
Ivanshal [37]

Answer:

$3045

Explanation:

89,200 divided by 26 (weeks she would get paid)=3430

-235

-50

-75

-25 =385

3430-385=3045

5 0
4 years ago
Other questions:
  • Using the interest formula, compute the interest and maturity values for each of the following notes: Principal Interest Term Ra
    5·1 answer
  • How to find the area of a trapezoid
    15·2 answers
  • When the price of a good increased by 5 ​percent, the quantity demanded of it decreased 10 percent. the price elasticity of dema
    10·1 answer
  • Which goods would be included in the la calculation of GDP
    15·1 answer
  • A company purchased a commercial dishwasher by paying cash of $5,000. The dishwasher's fair value on the date of the purchase wa
    8·1 answer
  • Gilbert finds his coworkers intrusive and annoying. when a coworker asks whether gilbert has seen the stapler, gilbert responds
    8·1 answer
  • Consider Pacific Energy Company and U.S. Bluechips, Inc., both of which reported earnings of $966,000. Without new projects, bot
    14·1 answer
  • Halogen Laminated Products Company began business on January 1, 2021. During January, the following transactions occurred:
    6·1 answer
  • There are currently 69,000,000 U.S. Twitter users. Roughly 46% of Twitter are on the platform daily. How many Twitter users are
    15·1 answer
  • Lendell Company has these comparative balance sheet data: Additional Information for 2017: Net income was $25,000. Sales on acco
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!