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
ad-work [718]
3 years ago
15

It will cost $7,500 to acquire a cotton candy cart. Cart sales are expected to be $3,800 a year for four years. After the four y

ears, the cart is expected to be worthless as the expected life of the cotton candy producing machine is only four years. What is the payback period? a. 4.00 years b. 2.00 years c. 1.48 years d. 1.97 years e. 1.67 years
Business
1 answer:
Allushta [10]3 years ago
5 0

Answer:

It will take 1.97 years to payback the machine.

Explanation:

Giving the following information:

It will cost $7,500 to acquire a cotton candy cart. Cart sales are expected to be $3,800 a year for four years.

We need to determine the amount of time required to payback the machine.

Year 1= 3,800 - 7,500= -3,700

Year 2= 3,800 - 3,700= 100

3,700/3,800= 0.97

It will take 1.97 years to payback the machine.

You might be interested in
Which of the following statements about the Phonemic Chart for English is incorrect? Select one:
pashok25 [27]

There are a few different phonemic charts for English is the following statements about the Phonemic Chart for English is incorrect.

d. There are a few different phonemic charts for English

<u>Explanation:</u>

The 'phonemic chart' is a lot of images that speak to every one of the sounds in communicating in English. The phonemic graph is likewise valuable for rehearsing elocution since it empowers you to imagine the individual sounds you are experiencing difficulty inside English and practice those sounds precisely.

There are 44 Phonemes in English. In spite of there being only 26 letters in the English language, there are roughly 44 one of a kind sounds, otherwise called phonemes.

The 44 sounds help recognize a single word or significance from another. Different letters and letter mixes are known as graphemes are utilized to speak to the sounds.

4 0
4 years ago
Read 2 more answers
Emily is a cash-basis taxpayer, and she was an especially productive salesperson last year. In December of last year her supervi
maxonik [38]

Answer:

Constructive Receipt

Explanation:

the term constructive receipt is used when talking in terms of federal income taxes. This term is used to determine when a cash basis tax payer has gotten their gross income in the cash basis method of accounting. the individual here would be needed to pay tax on income even though that the money that  the money being taxed is has not been gotten yet by the individual. this income owner would be able to utilize the money although it has not yet been received.

5 0
3 years ago
After the first night of her three-night stay, ms. welk complained about the noise from the lounge on the floor below her room.
kumpel [21]

This transaction is called account allowance. Account allowance includes two kinds of transactions – to reduce in the folio balance compensation for poor service and the other one is to correct posting mistakes after the close of business. This kind of transaction is recognized by the usage of an allowance voucher, allowance vouchers are typically necessitate management endorsement.

3 0
4 years ago
In a command economy, which of the following determines for whom goods and services are produced?
adoni [48]
The goverment. because the goverment is responsible for everything! :)
6 0
3 years ago
Explain population in biology​
Feliz [49]
Hi :)

Population is a group of organisms of one one species, living in the same area at the same time

Hope this helps!
7 0
3 years ago
Other questions:
  • Bob is a manager at a local toyota dealership who has lost five of his employees during the last year. now he has to make a deci
    15·1 answer
  • "which business function is displayed with the transaction code va03"
    15·2 answers
  • Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producin
    14·1 answer
  • Microeconomics question, please help...70 pts!
    14·1 answer
  • Suppose the price of salt increases by 25 percent​ and, as a​ result, the quantity of pepper demanded​ (holding the price of pep
    13·1 answer
  • State 3 advantages in setting up a business in Maldives?
    6·1 answer
  • True or False:<br> A target market is the group of people lease likely to buy your product.
    12·1 answer
  • Discuss how business risks are both inevitable and unavoidable​
    9·1 answer
  • Assume that you manage a risky portfolio with an expected rate of return of 12% and a standard deviation of 39%. The T-bill rate
    11·1 answer
  • n the fifth stage of the B2B buying process, ______ specification, the firm places its order with its preferred supplier(s).
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!