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
Marcy left a large Fortune 500 company to go to a small start-up technology firm. Earlier in her career, Marcy wanted a high sal
MrRa [10]

Answer: Maslow's hierarchy of needs

Explanation:

Maslow's hierarchy of needs is referred to as or known as a theory which was proposed by the American psychologist Abraham Maslow, that tends to put forth the notion/idea that individuals are usually/mostly motivated by the following five categories of need, i.e. safety,  physiological, esteem, love, and also self-actualization.

3 0
3 years ago
Economic growth depends on many factors. mark the three KEY elements that have been shown to be important listed
Eva8 [605]

Answer:

is d

Explanation:

4 0
3 years ago
Magic Realm, Inc., has developed a new fantasy board game. The company sold 16,400 games last year at a selling price of $70 per
olga nikolaevna [1]

Answer:

feelsbad

Explanation:

8 0
3 years ago
1. Explain the concept of opportunity cost with an appropriate example.<br>​
inn [45]

Answer:

Concept & example of Opportunity Cost

Explanation:

Opportunity Cost is the cost of next best alternative foregone, while choosing an alternative. This arises because of 'choice' problem, due to unlimited wants & limited resources - having alternative uses.

Eg : If I can have 2 chapatis or a bowl of rice. And, I eat a bowl of rice. Then, 'opportunity cost' of a rice bowl is - the next best available '2 chapattis' foregone for the former.

4 0
2 years ago
A certain delivery service offers both express and standard delivery. Seventy-five percent of parcels are sent by standard deliv
Elena L [17]

Answer:

Probability, P(n) = 3/8

Explanation:  Let standard delivery be S and express delivery be E.

I) When the parcels were sent:

S(n) = 75/100 and E(n) = 25/100

II) When the parcels arrived:

S(n)← = 80/100 and E(n)← = 95/100

The probability a record of a parcel delivery is chosen, P(n) = S(n)*E(n) + E(n)*S(n) = 75/100*25/100 + 25/100*75/100

P(n) = 3/16 + 3/16 = 6/16

∴ P(n) = 3/8

7 0
3 years ago
Other questions:
  • 1. Why are individuals so important to the NASA project teams? 2. What is the Lessons Learned Program and how might it relate to
    13·1 answer
  • . Pratt was able to see the issue with student loans after she personally declared bankruptcy. Investors she spoke with in Silic
    6·1 answer
  • The market share held by the "Other" category (which includes dark pools) constitutes roughly ______% of trading volume in NYSE-
    11·1 answer
  • When you borrowed $50 from your rich cousin, and then had to pay her back $60, what is the original $50 called?
    9·1 answer
  • How do you send pictsher to frinds<br>​
    15·1 answer
  • When Wells Fargo employees fraudulently opened customer accounts in order to meet extremely high sales quotas, rehabilitating th
    15·1 answer
  • Depreciation SchedulesDunn Corporation acquired a newr depreciable asset for $135,000. Theasset has a 5-year expected life and a
    7·1 answer
  • In a fairly large portfolio, the ...................... risk associated with one stock typically has no impact on the portfolio
    9·1 answer
  • Under the "Don't Put all you eggs in one basket" analogy, the eggs represent individual investments and the basket represents th
    13·1 answer
  • Banks use a large percentage of their checkable deposits for the purpose of __________.
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!