Answer:
2.6 years
The appropriate response to carry out the project if the payback period is within the acceptable payback period of the company
Explanation:
Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.
Payback period = amount invested / cash flow
Cash flows is used in calculating the payback period.
To derive the payback period from net income, add depreciation to net income
$82,000 + $42,000 = $124,000
$321,000 / $124,000 = 2.6 years
I hope my answer helps you
Answer:
$10,000 increase in stockholder equity
Explanation:
The buying of treasury stock reduces the balance of stockholder equity but when the treasury stock is reissued or we can say after purchase, the sale of treasury stock is done for $10,000. So, it increases the balance of stockholder equity
It means that the purchase of treasury stock has an adverse impact on stockholder equity whereas reissued shares have a positive impact on stockholder equity
Answer:
$3,850
Explanation:
Calculation to determine What amount will be recognized as accounts receivable, net on the balance sheet as of November 30
Using this formula
Accounts receivable=Goods shipped -Defective merchandise return
Let Plug in the formula
Accounts receivable=$4,300-$450
Accounts receivable=$3,850
Therefore What amount will be recognized as accounts receivable, net on the balance sheet as of November 30 is $3,850
Bobo's demand curve is elastic hence his purchasing ability is easily influenced by a slight change in the price of the product
