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madam [21]
3 years ago
8

Levi's Levees always evaluates projects using the payback method. What is the payback period for the following set of cash flows

? (Round your answer to 2 decimal places, e.g., 32.16.) Year Cash Flow 0 –$ 4,900 1 1,150 2 1,350 3 2,230 4 1,250
Business
1 answer:
Ray Of Light [21]3 years ago
7 0

Answer:

3.14 years

Explanation:

Year              Cash flow                Accumulated cash flows

0                    -$4,900                            -$4,900

1                       $1,150                             -$3,750

2                      $1,350                            -$2,400  

3                     $2,230                                -$170

4                     $1,250                              $1,080

3 years + $170/$1,250 = 3.14

The payback period is 3.14 years, or 3 years, 1 month and 19 days.

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Answer:

1. $470

2. $470

3. $70

Explanation:

Accounting costs or explicit cost are the actually costs incurred in running the business. They include :

1. $240 for wages

2. $150 for materials

3. $80 for equipment rental.

Total = $470

Implicit costs are opportunity cost. They are the costs of the next best option forgone when one alternative is chosen over other alternatives. The amount that could have been earned as rent is the implicit cost. So implicit cost is $70

I hope my answer helps you

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kenny6666 [7]
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A corporation has 44,904 shares of $26 par value stock outstanding that has a current market value of $238 per share. If the cor
Alenkinab [10]

Answer: 224,520

Explanation:

From the question, we are told that a corporation has 44,904 shares of $26 par value stock outstanding that has a current market value of $238 per share and that the corporation issues a 5-for-1 stock split. The number of shares outstanding goes thus:

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