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
qaws [65]
3 years ago
5

Suzanne's Cleaners is considering a project that has the following cash flow data. What is the project's payback?Year 0 1 2 3 4

5Cash flows −$1,100 $300 $310 $320 $330 $340a. 2.31 yearsb. 2.56 yearsc. 2.85 yearsd. 3.16 yearse. 3.52 years
Business
1 answer:
Ksenya-84 [330]3 years ago
7 0

Answer:

3.52 years

Explanation:

In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:

In year 0 = $1,100

In year 1 = $300

In year 2 = $310

In year 3 = $320

In year 4 = $330

In year 5 = $340

If we sum the first 3 year cash inflows than it would be $930

Now we deduct the $930 from the $1,100 , so the amount would be $170 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it

And, the next year cash inflow is $320

So, the payback period equal to

= 3 years + ($170 ÷ $330)

= 3.52 years

In 3.52 years, the invested amount is recovered.

You might be interested in
Suppose the government decides to impose a binding price ceiling on the market. 1. Please place the Price Ceiling line segment t
aniked [119]

Answer: After price ceiling is implemented a shortage supply exists if the price ceiling is below the market price

Explanation:

price ceiling is wen the government imposes the maximum price that should be charged  for a good or service. The effects of price ceiling depends on whether government sets the maximum price  that should be charged for a good or service below or above the market price,

if the government sets the price  above the market price, price ceiling will not affect the market, however if the the government sets the price below the market price price ceiling will cause changes in the quantity demanded and quantity supplied.

Please refer to the attachment, in the attachment we see a market that is in Equilibrium and operating efficiently  at price P' and Quantity demanded and supply is Q'. when government sets price ceiling below the market price  (below P') the quantity demanded will increase to Qdem while quantity supplied decreases to Qsup. This will cause  a shortage in the market because quantity demanded is higher than quantity supplied thus creating a Dead weight loss labelled by " DWL "  

4 0
3 years ago
"A registered representative ("RR") has entered an order to buy 100 shares of ABC at $50 per share for a customer. The transacti
Delicious77 [7]

Answer:

The RR may change the account number on the order ticket to correct number if the branch manager so agrees and provides in written.

Explanation:

In the given case, we  know that when the customer buys shares he provides all the details as Name, Address, Contact Details, mail id, etc:

Now when the account number do not match as to the original of the customer, she the registered representative shall confirm to the original information and if the customer is same the details if any which are not correct shall be changed in records if the branch manager so agree.

As this is beneficial to the both the branch manager and the customer.

8 0
3 years ago
What are forms of phishing?
Afina-wow [57]
Deceptive, malware-based, session hijacking, and data theft are all forms of phishing,
5 0
3 years ago
In 1903, for the first time in u.s. history, congress passed a law declaring that a person holding a specific political viewpoin
mojhsa [17]

In 1903, the congress passed a law declaring that a person holding a specific political viewpoint could be banned from entering the nation, these were the <u>anarchists</u>.

<h3>Who are the anarchists?</h3>

These are group of people that holds the theory that is skeptical of the justification of authority and power, they pursues that cluster of doctrines and attitudes centered on the belief that government is both harmful and unnecessary.

The first person to be call an anarchist was the French writer called Pierre-Joseph Proudhon. In his study, he argued that the real laws of society have nothing to do with authority but rather stem from the nature of society itself and he foresaw the eventual dissolution of authority and the emergence of a natural social order.

Read more about anarchists

brainly.com/question/843610

#SPJ1

6 0
2 years ago
Explain how government actions affect a circular flow model of a mixed economy.
vekshin1

A circular flow economy includes buying and selling between businesses, households, and governments.

The government takes money in through taxes and tariffs, and has expenditures on things like roads, military spending, and other federally funded programs. In this way the government both gives and takes in the economy.

3 0
3 years ago
Other questions:
  • AP Mather sells a snowboard, EZ slide, that is popular with snowboard enthusiasts. Below is information relating to Mather's pur
    10·1 answer
  • Which cost flow method results in (1) the highest inventory amount for the balance sheet, and (2) the highest cost of goods sold
    8·1 answer
  • Where are did spain settle in
    5·1 answer
  • Florida state saving bond can be converted to $1000 at maturity date of five year from purchase if the state bond are to be comp
    8·1 answer
  • Which of the following best describes a summary
    6·1 answer
  • Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicat
    11·1 answer
  • Gaming Inc. is a popular video game console manufacturer with almost 150 video games to its credit. It has recently launched a s
    8·1 answer
  • A consumer's need to apply for a loan is escalated to a motive under which of the following conditions.
    9·2 answers
  • Assume both Paul and Cliff divide their time equally between the production of corn and wheat, and they do not trade. If they ar
    13·1 answer
  • alisha was told that if she ever has a problem, she should first go talk with her direct supervisor. if the problem is not resol
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!