What information is needed to create a monthly budget

Folsom Advertising, Inc. is considering an investment in a new information system. The new system requires an investment of $1,8

sveticcg [70]

Answer:

Payback period=2 years 5 months

Payback period=3 years 8 months

Explanation:

The payback period is the estimated length of time in years it takes .

It is the number of years it takes the cash project to break-even

a) Payback period

Total cash flow for two years = 750× 2 = 1500.000

Balance of cash flow required to make up= 1800000- 1500,000 300,000

Payback period = 2 years + 300,000/750,000× 12 months= 2 years 5 months

Payback period=2 years 5 months

b) Payback period

Total cash flow for 3 years = 450,000 + $225,000 +600,000=1,275 ,000

Balance o cash required to make up 1800,000 = 1,800,000 -1275,000= 525,000

Pay back period = 3 years + 525,000/750,000× 12 months

= 3 years 8 months

Payback period=3 years 8 months

5 0

3 years ago

The price of compact fluorescent light bulbs fell because of improvements in production technology. As a result, the demand for

eimsori [14]

Answer:

c. The statement is false because the demand for incandescent light bulbs would increase as the price of compact fluor. light bulbs fell.

Explanation:

If improvements in production technology reduce the price of incadescent light bulbs, the normal thing that would happen is that demand for this good would increase, because now people will be able to buy the good at a lower price.

4 0

3 years ago

The Economic Research Service of the U.S. Department of Agriculture provides information on topics from how many dairies there a

balandron [24]

Answer:

external secondary data

Explanation:

Secondary data is information collected by other people or other sources. The most common secondary data sources are national censuses, sales reports, economic reports, etc.

This type of data is very useful because it can help us to reduce the costs of a marketing research or other types of studies. A lot of information can be found on the internet, but you must try to use only the information that comes from reliable sources.

5 0

3 years ago

An examination of Hyong Corporation's inventory accounts revealed the following information:

andreyandreev [35.5K]

Answer:

Production= 45,000 units

Explanation:

Giving the following information:

Raw materials, June 1: 46,000 units

Raw materials, June 30: 51,000 units

Purchases of raw materials during June: 185,000 units

First, we need to calculate the raw material used in production:

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 46,000 + 185,000 - 51,000

Direct material used= 180,000

Now, the production for the period:

Production= 180,000/4

Production= 45,000 units

3 0

3 years ago

Robo Hot Inc., is a company that markets electric heaters to hospitals. Mr. Heatmizer, it's CEO, would ike to reduce its invento

Kruka [31]

Answer:

Expected number of orders=31.6 orders per year

Explanation:

The expected number of orders would be the Annual demand divided by the economic order quantity(EOQ).

The Economic Order Quantity (EOQ) is the order quantity that minimizes the balance of holding cost and ordering cost. At the EOQ, the holding cost is exactly the same as the ordering cost.

It is calculated as follows:

EOQ = (2× Co D)/Ch)^(1/2)

Co- ordering cost Ch - holding cost, D- annual demand

EOQ = (2× 10 × 100000/2)^(1/2)= 3162.27 units

Number of orders = Annual Demand/EOQ

= 100,000/3,162.27= 31.62 orders

Expected number of orders=31.6 orders per year

7 0

2 years ago