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
Alex777 [14]
3 years ago
12

The management of L Corporation is considering a project that would require an investment of $260,000 and would last for 6 years

. The annual net operating income from the project would be $110,000, which includes depreciation of $17,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to (Ignore income taxes.):
Business
1 answer:
emmasim [6.3K]3 years ago
7 0

Answer:

2.04 years

Explanation:

Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.

To derive cash flows from net income, add depreciation to net income.

$110,000 + $17,000 = $127,000

Payback period = $260,000 / $127,000 = 2.04 years

I hope my answer helps you

You might be interested in
When responding to questions face-to-face, how should you organize your response?
iragen [17]

Answer:

A. Using the same format you would use if you were responding in writing

Explanation:

here the answer should be A that is

A. Using the same format you would use if you were responding in writing.

What this means is that,  the response should be neutral and catered in a way that we would if we're writing the answer in order to allow a better, more neutral understanding of the process, unless otherwise stated.

7 0
3 years ago
For the year ended December 31, Year 1, Fields Company made cash payments of $61,600 for dividends, paid interest of $30,400, pa
Yanka [14]

Answer:

D. $77,600

Explanation:

The $77,600 made to purchase equipment would be reported as a cash outflow in the investing activities section. This is because asset purchased such as equipment is an investment while the cash used to purchase the asset is regarded as cash outflow.

Dividends are recorded in the financing section, while cash paid for interest and paid to suppliers would be recorded in the operating activities.

4 0
3 years ago
Dave's Auto Supply custom mixes paint for its customers. The shop performs a weekly inventory count of the main colors used for
Elenna [48]

Answer:

sry I just wanted the points I'm in middle school so I don't know this stuff either but can you give free brainlyest I'm soo close to my next rank I'd really appreciate it if you would

5 0
3 years ago
Why do businesses compete in free enterprise system?
Bingel [31]

Answer:

Businesses in free enterprise systems compete with each other to produce better products at better prices. Competition leads to innovation, new ideas and a more competitive market. Competiting allows businesses to control themselves and their ideas in an <em>efficent manner. </em>

<em>However, competition in the free enterprise systmem leads to lower wages and income.</em> It leads to the best product at the lowest price. It leads to a variety of products available to the consumer.

<u>if you liked my answer please mark me as brainliest !! thanks <3 !!</u>

3 0
2 years ago
A taxpayer must receive voting common stock to be eligible for deferral in a Section 351 exchange. True False
hodyreva [135]

Answer:

True

Explanation:

Section 351 (a) establishes that no gain or loss should be recognized when property is transferred to a corporation:

  • in exchange of stock in that corporation (might receive common stock or share class stocks)
  • as soon as the exchange is complete, the new stockholder must be in control of the corporation.

Not all common stocks have the same voting rights, that is why they are divided into share classes which assign separate voting rights or powers. Section 351 does not include preferred stocks.

3 0
3 years ago
Other questions:
  • If the cost of housing increases by 10 percent, then, other things the same, the CPI is likely to increase by about:(A) 10 perce
    8·1 answer
  • Patagonia, a multinational sports apparel company, is planning to launch its extreme weather gear product line in Nepal and the
    5·1 answer
  • Wholesome Cuisine, a frozen foods company, decides to create a new mail order meal division, focused on offering delicious food
    12·1 answer
  • Which investment type typically carries the least risk
    8·2 answers
  • A firm that offers tailor-made suits to its customers is appealing to the ____________ dimension of the customers’ utility funct
    8·1 answer
  • In Step 4, the EUP from Step 2 and the cost per EUP from Step 3 are used to assign costs to the:______ (You may select more than
    7·1 answer
  • The situation described in the first excerpt, what is the inspector's opinion of employer taylor, ibbotson, and co.? what phrase
    15·1 answer
  • If a stock consistently goes down (up) by 1.6% when the market portfolio goes down (up) by 1.2%, then its beta equals:
    15·1 answer
  • Which of the following statements is LEAST accurate?
    12·1 answer
  • Peter wishes to create a retirement fund from which he can draw when he retires and the same amount at each anniversary of his r
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!