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
Otrada [13]
3 years ago
13

Assuming that the initial project investment is $28,500 in year 0, and that $10,000 in benefits accrued annually, calculate the

payback period. What actions would you take and what is your rationale based on good project management principles?
Business
1 answer:
lys-0071 [83]3 years ago
6 0

Answer:

Payback period = 2.85 years.

Explanation:

Payback period is the cost of investment divided by annual cash flow.

Payback period =  28500 / 10000 = 2.85 , approx 3 years.

The shorter the payback period the more desirable investment and longer the pay back period ,the less desirable it is.

According to me time-line is very in project handling,which event to do first and which activity do last,this gives us cost benefit analysis.

First you set your goals to achieve the completion of project by maximum utilize your resource effectively and efficiently.

Manage resources, assign task and duties.

Face outcomes take responsibilities for successful of project .

You might be interested in
Bonds are considered to offer a guaranteed return, as they must be honored by law, but which is still a potential risk that inve
Fiesta28 [93]

Bonds are a type of investments that is categorized as a fixed-income instrument which symbolizes loans that investors make to a borrower. Bonds can be made by a corporation or a government. Bonds always have end dates, and they generally have lower risks compared to stocks.

However, there are still some risks associated with this type of instrument, which is (C) the issuer could go bankrupt.

7 0
3 years ago
Read 2 more answers
Financial statements does not cover a period of time but rather reports amounts at a specific point in time?
SashulF [63]
The answer is: Balance sheet
The balance sheet on the financial statements will show the total amount of each accounts that the company manages to accumulate throughout its operational years. The amount of the balance sheet on current year will be used as a starting point when calculating the balance sheet for the next year
6 0
3 years ago
If GDP is expected to increase at a steady rate of 3% per year, how many years would it take for living standards to double
Troyanec [42]

Answer:

24 years

Explanation:

In a situation where a country GDP which is fully known as GROSS DOMESTIC PRODUCT was been expected to increase or grow at a rate of 3% per year or per annual which means that it will actually takes up to 24 years for a country economy living standard to double .

Therefore the numbers of years it would take for a country living standards to double will be 23 years.

5 0
3 years ago
Pharoah Corporation provides its officers with bonuses based on net income. For 2017, the bonuses total $384,900 and are paid on
Keith_Richards [23]

Answer: Pharaohs journal $

Date

December 31, 2017

StaffBonusexpensesDr384,900

Accruede liability Cr384,900

Narration. Staff bonus due as at date.

February 15,2018

Accrued liability Dr 384, 900

Bank Cr. 384,900

Narration. Payment of staff bonus due

Explanation:

In line with the acrual concept of recognising expenses at the period they are due for payment. The staff bonus will be recognized as an expense to the income statement in 2017 and accrued as liability in the balance sheet if it's not paid.

The payment in 2018 will be a debit to the liability account and credit to the cash or bank account.

5 0
3 years ago
The cost of using/borrowing money is reflected in the
spayn [35]
Interest rate? Repayment amounts? Length of time of loan? Smile on the face of the money lender? Might there be a little more to this quesition?
8 0
3 years ago
Other questions:
  • Sarah smith works as a laser technician for a local dermatology center consisting of physicians operating under a partnership ag
    13·1 answer
  • Roland is facing a criminal trial after being arrested for committing manslaughter. At a certain stage in the pretrial process ,
    9·1 answer
  • Campbell's soup offers a temporary price reduction to all grocery stores on the West Coast during the weeks of June 15th to July
    7·1 answer
  • What are the three aspects of corporate organization according to the economics of organizational architecture article?
    13·1 answer
  • Supply chain optimization includes minimizing the total costs of manufacturing and transportation, which might consider sourcing
    11·1 answer
  • Blue Spruce Corp. sells equipment on September 30, 2019, for $17,600 cash. The equipment originally cost $72,700 and as of Janua
    7·1 answer
  • Which of the following statements is true regarding team composition?A) A team's performance is merely the summation of its indi
    12·2 answers
  • The following data relate to Ramesh Company’s defined benefit pension plan: ($ in millions) Plan assets at fair value, January 1
    13·1 answer
  • Why would a construction manager require fall guards to be installed in a high-rise construction project?
    13·1 answer
  • The ___ can transfer the right to cash a check to another party by endorsing
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!