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ad-work [718]
2 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]2 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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The following are nine technical accounting terms introduced or emphasized in this chapter. Responsibility margin Transfer price
Ostrovityanka [42]

Answer: Please refer to Explanation

Explanation:

The terms will be listed in bold at the end of the statement. If you require further clarification please do comment.

a. The costs deducted from the contribution margin to determine the responsibility margin. TRACEABLE FIXED COSTS.

b. Cost to produce plus a predetermined markup. COST-PLUS TRANSFER PRICE

c. Fixed costs that are readily controllable by the manager. NONE

d. A subtotal in a responsibility income statement, equal to responsibility margin plus committed fixed costs. PERFORMANCE MARGIN.

e. The subtotal in a responsibility income statement that is most useful in evaluating the short-run effect of various marketing strategies on the income of the business. CONTRIBUTION MARGIN.

f. The subtotal in a responsibility income statement that comes closest to indicating the change in income from operations that would result from closing a particular part of the business. RESPONSIBILITY MARGIN.

g. The amount used in recording products or services supplied by one business unit to another. TRANSFER PRICE.

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3 years ago
Jose and Juanita are buying their first home. They want a low interest rate on loans, and they want to deal with someone local a
Sedbober [7]

Answer:

savings and loan association

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2 years ago
State two reasons why people work
Hunter-Best [27]

Answer:

earn money, make a change, fulfill their dreams

Explanation:

3 0
2 years ago
Read 2 more answers
Frank lives in an area that experiences frequent thunderstorms. What precautionary measures should he adopt?
Alisiya [41]

Answer:

There are different precautionary measures Frank can adopt. They are:

Explanation:

1. Frank should have outdoor furniture made of concrete instead of metal.

A strike of thunder on a metal surface will propel an electric shock.

2. Frank should pay good or regular attention to the weather forecasts.

He should have a handy device such as a small radio, which will keep him abreast of important happenings in the area.

3. Frank should take cover once a stroke of lightning appears in the sky.

The field of Physics lets us to know that light travels faster than sound and that the moment lightning appears in the sky, expect thunder roaring about 8 seconds after.

4. Frank should get used to or always wear covered shoes, to protect him from the electric charge that is created between a thunderstorm and a wet ground. Gloves could also do, for the hands.

5. Frank should structure his movements and road trips such that he accounts for some time that'll be used to wait for thunderstorms to pass; since it's unsafe to drive while the storms are roaring.

This will help him be on time to events and meetings.

6. Frank should avoid leaning on walls which have metal wires or bars across them, especially when lightning appears.

7. Frank should avoid anything wet, during a thunderstorm. This precaution should be taken even while indoors.

8. In the event that frank gets caught outdoors or in the open when a thunderstorm occurs, he should stoop and let only his feet have contact with the ground.

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2 years ago
What voting system is preferred by voting rights activists as a means of increasing minority representation?
Paha777 [63]

Answer:

Cumulative voting

Explanation:

Cumulative voting - in this type of voting system sole right is given to shareholder who is in minority to elect their director. this system permit shareholder to cast all their vote for any single nominee for board of directors.

while in  regular voting system no permission is granted to anyone to cast more than one vote.

example - for four member and 500 holding share , maximum vote than can cast is 500 (one vote for one share)  in normal voting but in  cumulative maximum that can cast is 2000 votes

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