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
rewona [7]
3 years ago
11

If the company is using the payback period method and it requires a payback of three years or less, which project(s) should be s

elected?

Business
1 answer:
algol [13]3 years ago
7 0

Answer: Project X

Explanation:

The Payback period is the amount of time it would take for the cash inflows accruing from an investment to payoff the cost of the investment.

Project X has a constant cashflow of $24,000 for 3 years and a cost of $68,000 for the Payback period is;

= 68,000/24,000

= 2.83 years

Project Y has an uneven cash flow with a cost of $60,000. Payback is calculated as;

= Year before payback + Amount left to be paid/cashflow in year of payback

Year before payback = 4,000 + 26,000 + 26,000

= $56,000

This means that the third year is the year before payback.

60,000 - 56,000 = $4,000

Payback period = 3 + 4,000/20,000

= 3.2 years

Based on a Payback period of 3 years, only Project X should be chosen as it pays back in less than 3 years.

You might be interested in
Amerigo grew up speaking both English and Italian with his family, and he believes that knowledge of more than one language is a
alex41 [277]

Answer: B, Amerigo could work with school administrators, the principal, and private tutors to find the time, money, and classroom space for tutors to give after-school Italian lessons.

Explanation:

              Edge 2020.

4 0
3 years ago
Read 2 more answers
At the beginning of the month, the Forming Department of Martin Manufacturing had 17,000 units in inventory, 30% complete as to
goldenfox [79]

Answer:

A) 82,275 materials; 79,400 conversion

Explanation:

<u>Calculation of the Equivalent Units of Production with respect to Raw Materials and Conversion Costs</u>

1. Raw Materials

Ending Work In Process (11,500 × 85%)                                =   9,775

Completed and Transferred (72,500 × 100%)                      = 72,500

Equivalent Units of Production with respect to Materials   = 82,275

2. Conversion Costs

Ending Work In Process (11,500 × 60%)                                =   6,900

Completed and Transferred (72,500 × 100%)                      = 72,500

Equivalent Units of Production with respect to Materials   = 79,400

4 0
3 years ago
Cassandra is a 21-year-old who is still in college. She wants a credit card so she can order items online.
ycow [4]
The most logical answer to me would be A, however I recommend you don’t go with my answer JUST YET because this is an educational guess. Take time to think about my answer. Sorry if it’s wrong
4 0
3 years ago
Price discrimination will result in consumers with more elastic demand purchasing more of the good than when a single price is c
Akimi4 [234]
<span>A company can have a product that they want a single customer to be able to use and profit from, they may sell that product to that customer at a lower price, allowing them to purchase more, and blocking out competitors with higher pricing.</span>
6 0
3 years ago
which factors should be considered in the process of determining an advertising budget? (choose every correct answer.)
Alex_Xolod [135]

The factors that should be considered in the process of determining an advertising budget are Firms must understand how advertising will help them meet objectives and Advertising spending will fluctuate over the course of the product life cycle.

A budget for advertising is money set aside by a business to promote its products and services. Conducting market research, having ad creatives created and produced, promoting through print, digital, and social media, launching advertising campaigns, etc. are all examples of promotional activities.

Any marketing activity a business wishes to engage in requires some financial investment. The advertising budget is crucial for this reason. It aids in comprehending the goals. Costs aid in strategy development and profit generation by raising total sales.

To learn more about advertising budget, visit the link below:

brainly.com/question/29304981

#SPJ4

The complete question is:

which factors should be considered in the process of determining an advertising budget? (choose every correct answer.)

A) Firms must understand how advertising will help them meet objectives.

B) The budget should be uniform for all products within the firm.

C) The budget should be relatively uniform throughout the product's life.

D) Advertising spending will fluctuate over the course of the product life cycle.

E) Advertising spending should depend on the previous year's sales volume.

4 0
1 year ago
Other questions:
  • What are some benefits to private ownership? Select three answers.Private ownership provides offices for government workers.Priv
    12·2 answers
  • A simple trust had $25,000 in capital gains, $10,000 in municipal interest, $5,000 in corporate bond interest, and $2,000 in acc
    7·1 answer
  • Company X issues variable-rate debt but wishes to fix its interest rates because it believes the variable rate may increase. Com
    8·1 answer
  • Hansel Corporation has requested bids from several architects to design its new corporate headquarters. Frey Architects is one o
    15·1 answer
  • The Devon Motor Company produces automobiles. On April 1st the company had no beginning inventories and it purchased 7,390 batte
    7·1 answer
  • At the beginning of the year, manufacturing overhead for the year was estimated to be $859,200. At the end of the year, actual d
    12·1 answer
  • Ornamental Sculptures Mfg. manufactures garden sculptures. Each sculpture requires 9 pounds of direct materials at a cost of $3
    15·1 answer
  • The American chocolate wafer and cream cookie most of us know (and love?) is made by Nabisco and sold under the name
    10·1 answer
  • When japanese plead "uniqueness" and claim that japanese skin is different so foreign cosmetics companies must test their produc
    11·1 answer
  • Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20 percent. Households depo
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!