Answer:
2.25 years
Explanation:
Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows
Please check the attached image for a table showing how the payback period was calculated
Answer: worksheet
Explanation:
The entries for the consolidation of Lisa and Victoria would be recorded in a worksheet.
Consolidation worksheet refers to the tool that is used in the preparation of the consolidated financial statements of both a parent company and the subsidiaries.
The consolidation worksheet is important as it shows the individual book values for the parents company and the subsidiaries.
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Answer:
$13
Explanation:
total consumer surplus = ($10 - $6) + ($7 - $6) = $4 + $1 = $5
total supplier surplus = ($6 - $2) x 2 units = $4 x 2 = $8
total surplus in the market = consumer surplus + supplier surplus = $5 + $8 = $13
Since the price is higher than Chuck's willingness to pay, no transaction will occur resulting in 0 surplus.