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Nady [450]
4 years ago
7

Harrison corporation is studying a project that would have an eight-year life and would require a $300,000 investment in equipme

nt which has no salvage value. the project would provide net operating income each year as follows for the life of the project:
Business
1 answer:
Harman [31]4 years ago
8 0
The question is incomplete, the complete question is;

Harrison Corporation is studying a project that would have an eight-year life and would require a $300,000 investment in equipment which has no salvage value. The project would provide net operating income each year as follows for the life of the project:
Sales $500,000
Less cash variable expenses 200,000
Contribution margin 300,000
<span>Less fixed expenses: </span>
<span>Fixed cash expenses $150,000 </span>
Depreciation expenses 37,500 187,500
Net operating income $112,500
<span>The company's required rate of return is 10%. The payback period for this project is closest to:</span>
<span>

Answer:
The answer is 2 years.
This is how we calculate this;
Net operating income $112,500
Non cash deduction for depreciation 37,500
investment required = $3000,000
Annual net cash inflow $150,000
Payback period = Investment required ÷ Annual net cash inflow
= $300,000 ÷ $150,000 per year = 2 years</span>
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Answer:

B. The zero based budget requires managers to re-justify every planned expenditure every year.

Explanation:

A zero based budget is one that does not take into account historical data when it is considering the present year budget. Each departmental requirement is re-evaluated and a new amount is assigned as budget for the year.

However conventional budgets carryover the previous year's expenses as a base data point. This results in similar budgeting across years.

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7 0
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What is bad loan AND What are the indicators of bad loans
vovangra [49]

Answer:

indicators-Says It’s Okay to Fudge Some Numbers,Pressures You into a Bigger Loan,Doesn’t Consider Your Monthly Income,Doesn’t Disclose Documents,Promises One Thing, Delivers Another,Says It’s Okay to Leave or Sign Blank Forms,Doesn’t Provide Copies

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liquidity, financial and behavioral. Liquidity is a symptom and not a cause of financial problems. Liquidity issues are a lagging indicator and the strongest signal of trouble

6 0
3 years ago
Which of the following statements about oligopolies is not correct? a. An oligopolistic market has only a few sellers. b. The ac
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Answer:

d. Unlike monopolies and monopolistically competitive markets, oligopolies prices do not exceed their marginal revenues.

Explanation:

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The difference between monopoly and oligopoly is that the number of companies that the market has will set the price of products in an oligopoly market, whereas in the monopoly only one company dominates the market and therefore that company determines the price of the good, as it is a market without competition. Therefore, alternative D is the incorrect one.

5 0
3 years ago
What is necessary for someone to even get the oppurtunity to accumulate 10,000 hours of practice at something?
GenaCL600 [577]

Answer:

<em>10 hours per week in 20 years, 20 hours per week in 10 years or 40 hours per week in 5 years.</em>

Explanation:

According to the author Malcolm Gladwel, with his book “Outliers. The success story ”, says that to achieve excellence, you must have an accumulation of 10,000 hours of practice, this means 10 hours per week in 20 years, 20 hours per week in 10 years or 40 hours per week in 5 years.

The author analyzes the importance of culture, family, friends, ancestors and other determining factors in the success of his projects.

Gladwell cites Mozart's example, recognized as a great genius. A composer began at age 7 and it is true that we know that some good pieces were written at the time of his adolescence. But the great symphonies were written after the age of 21, when he had already accumulated more than 10,000 hours of practice, in compositions and interpretations.

From this idea of ​​10,000 hours of practice, a level of knowledge acquired is possible based on a scale of magnitude of 10 hours, in an approximate way:

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With 100 hours: A medium level is acquired.

With 1,000 hours: It advances to be a specialist.

With 10,000 hours: One can master complications in that skill.

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