Answer:
2 years
Explanation:
Payback period is the amount of time it takes to recover the amount invested in a project from its cumulative cash flows
In the first year, -$85,000 + $30,000 = -$55,000 is recovered
In the second year, -$55,000 + $55,000 = 0
The total amount invested is recovered in the second year
Answer:
a. increase the price of the software
Explanation:
If I were the sales manager for a software company and have been informed that the price elasticity of demand for your most popular software is less than 1. In order to increase total revenues from that product, I will increase the price of the software.
The reason for such decision is based on the fact that when the price elasticity of demand of a product is lower than 1, an increase in the price of that product results in an increase in revenue for the seller.
Answer:
Cashier's check.
Explanation:
These checks are said to be quaranteed and issued in the bank by the banking institute. It contains the name of the receiver receipiant which has been inscribed in the check by the banking institute or credit union attached to the receiver also with the amount of money written on it. This amount written on it is known to be the withdrawable amount.
The cashier's check can be sent out in form of a letter, fax or even a mail to the intended persons or organisation making the withdrawal.
Here, monies which are been orders are easily secured by use of a cashier’s checks.
Answer:hes wrong i just failed a mf test cause of it the right answer is bootstrapping on oddy
Explanation:
