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ella [17]
2 years ago
6

cost $24,000 with a six-year life and no salvage value. The company expects to sell the machine's output of 3,000 units evenly t

hroughout each year. A projected income statement for each year of the asset's life appears below. What is the payback period for this machine?
Business
1 answer:
Vikentia [17]2 years ago
7 0

Answer:

4 years

Explanation:

The computation of the payback period is shown below:

Payback period is

= Cost of a Machine ÷ Annual cash flow

where,

Cost of a machine = $24,000

And, the annual cash flow is

= Net Income + Depreciation  expense

= $2,000 + $4,000

= $6,000

Now placing these values to the above formula

So, the payback period is

= $24,000 ÷ $6,000

= 4 years

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If a school has a capacity of 100 seats and all are full for the term, what can you do to increase profitability? ​
Ksivusya [100]

The school need to increase its tuition fee in order to increase its profitability despite having a full class already.

<h3>What is a profitability?</h3>

This refers to the measurement of an organization's profit in relation to its expenses.

Despite that this capacity of 100 seats are filled for the term, the school can decide to increase its tuition fee in order to increase its profitability for the school session.

Read more about profitability

<em>brainly.com/question/1078746</em>

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6 0
1 year ago
Is a product that is commonly used with other products
Galina-37 [17]
Complementary Good is perhaps the answer that you are looking for. For example, eggs and bacon are complementary goods and if the price of one went down then the quantity demanded of both would most likely go up since people tend to eat both together. 
6 0
3 years ago
Quality Motor Company is an auto repair shop that uses standards to control its labor time and labor cost. The standard labor co
BaLLatris [955]

Answer and Explanation:

The computation is shown below:

1

Labor efficiency variance = Labor spending variance+Labor rate variance

= $450 + $500

= $950U

Now as we know that  

Labor efficiency variance = SR × (AH-SH)

950 = $38 × (AH - 58 × 2.50)

950 = $38 × (AH - 145)

25 = AH - 145

AH = 145 + 25

= 170

Actual labor hours = 170 hours

2

Labor rate variance = AH × (SR-AR)

450 = 170 × ($38 - AR)

2.65 =  38 - AR

AR = 38 - 2.65

= $35.35

6 0
3 years ago
Immigration and inflation: Suppose a large number of new immigrants enter the labor market. Assume this increase in the supply o
7nadin3 [17]

Answer:

See explanation below for answer.

Explanation:

When using the short run model, the capital stock is fixed and cannot adjust to changes in the demand for capital. We will be using the short run model to analyze the effect of immigration and inflation on the economy.

In an economy, the primary determinant of how immigration can affect wages and employment is the degree to which the workers who have newly arrived will replace or complement the existing workers.

The level of wages may drop in the short run for the kind of workers who can be easily replaced by immigrants, whereas the level of wages may rise for the workers whose expertise can be complemented by the new workers.

For instance, in a situation where foreign-born construction workers enter the labor market, thereby causing a decrease in construction workers’ wages. The firms will respond by employing more construction workers, and since additional first-line supervisors may be needed to supervise the activities of the expanded workforce, the demand and consequently, the wages of these complementary workers could increase.

Further, where the availability of low-skilled immigrants at lower wages allows businesses to expand, total employment will rise.

4 0
3 years ago
On January 1, GHI Corporation issued four-year bonds with a face value of $100,000. The bonds have a stated interest rate of 4 p
Eva8 [605]

Answer:

Year   Cashflow    [email protected]%        PV

              $                                  $

1          4,000         0.9524      3,809.60

2         4,000         0.9070       3,628.00

3         4,000         0.8638        3,455,20

4         104,000     0.8227         85,560.80

      Market price of the bond   96,454

The amount that GHI received at issuance is $96,454.

Explanation:

In this case, we need to calculate the current market value of the bond.  The annual coupon is calculated as R = 4% x $100,000 =$4,000, which is 4% of the face value. We will discount the annual coupon and face value  of the bond at 5% market interest rate. The cashflow for year 4 is the aggregate of coupon and face value of the bond. The current market value of the bond calculated above is the amount that GHI received at issuance of the bond.

6 0
3 years ago
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