Answer:
c. 2.42 years
Explanation:
The computation of the payback period is shown below:
<u>Year Cash flow Cumulative cash flow</u>
0 -$475 -$475
1 $150 -$325
2 $200 -$125
3 $300 $175
Now the payback period is
= 2 years + $125 ÷ $300
= 2.42 years
Answer: Option (B) is correct.
Explanation:
Correct Option: Resources to the highest value good or service.
Prices normally are able allocate scarce resources efficiently because they will allocate resources in a better way, so that there can be a full utilization of resources.
If the resources are used efficiently and effectively then this will lead to an optimal utilization of the limited resources.
I would suppose that it is because the beef stock wouldn't take as long to cook if you cut it smaller.
Answer: B costs
Explanation:
In business and accounting, cost is the monetary value that has been spent by a company in order to produce something.
Cost accounting aids in decision-making processes by allowing a company to calculate, evaluate, and monitor its costs.
