<span>It will cost $3,000 to acquire a small ice cream cart. cart sales are expected to be $1,400 a year for three years. after the three years, the cart is expected to be worthless as that is the expected remaining life of the cooling system. what is the payback period of the ice cream cart?
a. .83 years
b. 1.14 years
c. 1.83 years
d. 2.14 years
e. 2.83 years
</span>
the answer is E.
Answer:
developing new competencies
Explanation:
In simple words, globalization promotes the innovation all around the world along with the promotion of its transfer from one economy to another. Due to this, the firms around the globe extend their businesses by setting their own limits. It helps the enhance their operational activities with new market and a new customer base to attract.
Answer:
Probability sampling.
Explanation:
Probability Sampling is a sampling method whereby sample from a bigger population are chosen through the use of probability theory. For a participant to be chosen as a probability sample, he or she must be chosen through a random selection. The most vital requirement in probability sampling is that everyone should have an equal chance of being selected e.g. if there is a population of 200 people, everyone involved will have an odd of 1 in 200 to be selected.
Probability sampling provides the best chance to get a sample that truly represents the population.
Answer:
The total equivalent units for direct materials for October is 4,200
Explanation:
The Concept of Equivalent Units measures the number of units completed in terms of input element introduced in the process.
The Equivalent Units are Calculated on the units ending that is on the Units Completed and Units of Closing Work in Process
Note that materials are added at the beginning of the process
<u>Units Completed</u>
Are 100% complete in terms of Raw Materials
Equivalent units = 3900 × 100 % = 3900
<u>Units of Closing Work in Process</u>
Are 100% complete in terms of Raw Materials
Equivalent units = 30 × 100 % = 300
Total Equivalent Units = 3900+300 = 4,200