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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.

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Green Frog is an environmentally friendly firm in the cosmetics industry. Even though Green Frog is environmentally friendly, th
kakasveta [241]

Answer:

D) Growth in earnings per share averaging 15% or better annually for the next five years

Explanation:

First of all, objectives must be well defined and measurable. That is why increasing profitability is a good idea but not a very good strategic objective, since a 0.00001% growth in profits will still comply with it. The same applies with growing market share.

Improving product quality will help improve total sales but it is not a financial objective.

The only financial objective that is precise and measurable is option D, which sets the goal of increasing earnings per share at least 15% every year.

5 0
3 years ago
According to your textbook, the following passage from a speech introduction is an example of a(n) __________ . Today I would li
inysia [295]

Answer:

The answer is: this is an example of a preview statement

Explanation:

Preview statements are used to present the main topics of your speech. As a speaker you should not only introduce your main topics to your audience, you must be able to capture your audience's attention. Usually the preview statement is the second thing you say during a speech, the first should be a general greeting, so it is very critical that your audience understands how you are going to cover your main topics and in what order.

5 0
3 years ago
A drag racer is speeding down the track at 150 m/s. At the finish line it deploys its parachute and applies the brakes to slow d
valentina_108 [34]

Answer:

Acceleration, a = 28m/s²

Explanation:

Given the following data;

Initial velocity, u= 150m/s

Final velocity, v = 10m/s

Time, t = 5secs

To find the acceleration;

Acceleration, a = (v-u)/t

Substituting into the equation, we have;

Acceleration, a = (150-10)/5

Acceleration, a = 140/5

Acceleration, a = 28m/s²

Therefore, the acceleration of the drag racer is 28m/s².

8 0
3 years ago
edna kropp's gross income for a year included salary, $12,400; commission, $27,750; intrerest, $440. Her adjustment to income we
aliina [53]

Gross income is the total amount of income before any deductions.

In this case, you would add Edna's salary, commission, and earned interest.

For adjusted gross income, you would subtract payment to retirement and withdrawal from the GROSS INCOME you calculated previously

6 0
3 years ago
Academic book publishers hire​ editors, designers, and production and marketing managers who help prepare books for publication.
Montano1993 [528]

Answer:

The correct answer is option D.

Explanation:

Academic book publishers hire​ editors, designers, and production and marketing managers who help prepare books for publication.

These employees work on several books​ simultaneously so a change in quantity demanded of books published in a year.

Since the number of people employed is fixed and does not change with the quantity of output. The cost incurred on these workers will be fixed cost. So the salaries and benefits of people in these people will be included in fixed costs and total costs. But since it does not change with change in the output it will not be included in variable costs.

8 0
3 years ago
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