Answer:
a. Pay back period is 4 years and 18 days
b. Net present value is - $5,909. Since the NPV is negative, the project should be rejected.
Explanation:
Note: See the attached for the calculation tables of a and b.
a. Pay back period = 4 years and [($2,565/$51,244)*365 days] = 4 years and 18 days approximately.
The answer is True
The four fundamental systems of civil law, common law, statutory law, and religious law—or mixtures of these—are typically the foundations of the present national legal systems. However, because each nation's legal system is molded by its distinct past, it contains distinctive variances. Comparative law is the name of the field of study that examines law just at level of legal systems.
Both civil law (also known as Roman law) and legal system systems can be regarded as the most prevalent in the globe. Civil law is the most prevalent in terms of both landmass and population, while common law is used by the most people of any single civil law system.
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Answer:
1. Decrease in accounts payable during a period - Deducted from net income (B)
2. Declaration and payment of a cash dividend - Cash outflow (financing activity
) (E)
3. Loss on disposal of land - Added to net income (A)
4. Decrease in accounts receivable during a period - Added to net income (A)
5. Redemption of bonds for cash - Cash outflow (financing activity) (E)
6. Proceeds from sale of equipment at book value - Cash inflow (investing activity
) (D)
7. Issuance of common stock for cash - Cash inflow (financing activity) (F)
8. Purchase of a building for cash - Cash outflow(investing activity
) (C)
9. Acquisition of land in exchange for common stock - Significant non-cash (investing and financing activity
) (G)
10. Increase in inventory during a period - Deducted from net income (B)
Answer:
TRUE
Explanation:
Bankruptcy is a legal framework, in which borrowers who cannot pay their loans, may seek relief from all of their liabilities from individuals or other organizations. In most states, a judge's order mandates bankruptcy.
In this situation, Tim is a bankrupt person, tin wrote a negotiable note but now Tim has got relief from his liabilities, so he has not to pay against his negotiable note.
Therefore, the following situation is TRUE .
Answer:
c. 6
Explanation:
The maximun profit is determined by the point where the Marginal Revenue (MR) is equal to the Marginas Cost (MC).
Solving for person of type 2 and considering Z=1.
The marginal cost equation:
MC = 2 + 4z
MC = 2 + 4(1)
MC = 6
The demand equation:
P2 = 24 - 2Q2 + 6z
P2= 24 - 2Q2 + 6
P2= 30 - 2Q2
To calculate the Marginal Revenue, we calculate, at first, the total profit:
Total profit=P*Q2
TP=(30-2Q2)*Q2
TP=30Q2 - 2Q2^2
Taking the derivative of the total profit, we obtain the Marginal Revenue
MR = 30 - 4Q2
Finally, set the MR and MC, and solve for Q2
30 - 4Q2 = 6
24 = 4Q2
<h2>
Q2 = 6</h2>