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
Anit [1.1K]
3 years ago
7

Woodruff Inc. offers you a project that will pay you $17,000/year. If the cost of this project is $100,000, and the discount rat

e is assumed to be 13%, how long must the cash inflows ($17,000 per year) last, before it matures, so that you will accept this project
Business
1 answer:
otez555 [7]3 years ago
3 0

Answer:

The length of time = 12 years

Explanation:

<em>The number of years the case would be determines the length time it takes the present value of  annuity of 17,000 to equate the initial cost </em>

Initial cost = A× (1- (1+r)^(-n)/r =

A- 17,000, r- 13%, n - ?

So we will need to work out the value of " n"

100,000 = 17,000 × 1- 1.13^(-n)/0.133

100,000/17,000 =1- 1.13^(-n)/0.13

5.88235 ×0.13 = 1- 1.13^(-n)

n = 12

The number of years is approximately 12 years

The length of time = 12 years

You might be interested in
Brandon has presented the possible requirements for the next sprint. The development team has asked questions and has clarificat
Nezavi [6.7K]

Based on the information given the formal event in which this is dome is :Product backlog refinement.

<h3>What is product backlog refinement?</h3>

Product backlog refinement can be defined as the process in which the development team tend to understand a product as well as how the product should be prioritize.

Product backlog refinement is important as it help to increase efficiency when planning for the next sprint and it as well help the development team to have full understanding of what the outcome of the product will be.

Inconclusion  the formal event in which this is dome is :Product backlog refinement.

Learn more about Product backlog refinement here:brainly.com/question/4841869

3 0
2 years ago
Harrison Corporation is studying a project that would have an eight-year life and would require a $300,000 investment in equipme
zheka24 [161]

Answer:

The payback period for this project is closest to 2 years

Explanation:

Initial investment = $300,000

Sales = $500,000

Cash variable expenses = ($200,000)

Contribution margin = 300,000

Fixed cash expenses = $150,000

Depreciation expenses = $37,500

Total Fixed expenses: $150,000 + $37,500 = ($ 187,500 )

Net operating income = $112,500

Annual cash inflows = Net operating income + Depreciation

= $112,500 + $37,500

= $150,000

Payback period = Initial investment ÷ Annual cash inflows

= $300,000 ÷ $150,000 = 2 years

5 0
4 years ago
If a company incorrectly records cash received for services to be provided in the future with a debit to cash and a credit to sa
Helen [10]

There will be inadequate liabilities.

What Does Sales Revenue Mean?

Sales revenue is the money a business makes from selling products or offering services. Sales and revenue can, and frequently are, used interchangeably to refer to the same thing in accounting. It is significant to remember that revenue does not always equate to money received. One part of sales revenue may be paid in cash, and the other part may be paid on credit using methods like accounts receivable.

Either the gross revenue total or the net revenue amount can be used to represent sales revenue on the income statement. All deductions for product returns, the potential for undelivered items, and the cost of bad debt are all included in net revenue.

to know more about sales revenue

brainly.com/question/16232387

#SPJ4

8 0
2 years ago
in forward and futures contracts, the risk of non-fulfilment of contract terms is most likely borne by:
topjm [15]

In forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by <u>both parties</u><u> to the contract</u>.

<h3>What are forward and futures contracts?</h3>

The difference between a forward and futures contract lies in their establishment.

A forward contract is a personal arrangement traded over the counter whereas, a futures contract is a standardized contract made through an established exchange.

Thus, in forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by <u>both parties</u><u> to the contract</u>.

Learn more about forward and futures contacts at brainly.com/question/15581105

#SPJ12

7 0
2 years ago
why do you think business organization need to hire people? write at least three sentence in your answer sheet.pls​
vladimir1956 [14]

Answer:

So why does a company hire a person?

Explanation:

It isn’t to have more people around. The goal of any company isn’t to rack up its number of employees. In fact, the goal of most companies is generally the exact opposite to that, to have the fewest employees possible it needs to be successful.

Less and less do companies hire because they need a very specific task done. In the days of old, companies would hire someone to do the same task over and over again, like hammering the same nail to connect the same two parts all day long. Most of those jobs now are automated, as employers have found cheaper and often more productive alternatives to humans for that work.

No, to understand why employers hire, instead of just using a piece of software or a robot, one first has to understand the unique value proposition a human has. What is it? Well, really it has everything to do with our brain, and our unique ability to conjure up creative solutions to complex problems.

An employer hires a person because their unique value proposition, i.e. generally their ability to think, fixes a business problem they face and there are no other cheaper or more effective alternatives.

For example, a company hires a marketer because they face a business problem: a lack of customers. The marketer’s job is to increase the amount of customers anyway they can, whether it be through email marketing, social media, publicity stunts, etc. The marketer’s job is to constantly solve a problem – in this case getting more customers – that cannot be solved by a machine.

Because most of the jobs that require minimal thought have become or soon will become automated, the jobs that are left require someone who is creative, can learn quickly and is always willing to adapt to new problems thrown their way. So the question therein lies for the employer: how do you figure out who those people are?

The answer is not to look at a pile of resumes and select the two or three best to bring in for an interview. The answer is to screen all candidates through an interview, perhaps best done using a program like VoiceGlance, and ask them challenging questions that reveal those candidates’ line-of-thinking. With that information, companies can discover the employees they really want – the problem solvers – who will lead them to success.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Stephanie, Inc. sells its product for $40. The variable costs are $18 per unit. Fixed costs are $16,000. The company is consider
    5·1 answer
  • An increase in input costs in the production of electric automobiles caused the price of electric automobiles to rise. Holding e
    11·2 answers
  • Assume that 11 comma 200 units were in beginning WIP​ Inventory, 35 comma 500 were​ started, 33 comma 000 were​ completed, and 1
    13·1 answer
  • The slope of the PPF can also be expressed as the ratio of the marginal products of labor to the marginal product of capital. co
    9·1 answer
  • If the amount of factory overhead cost incurred exceeds the amount applied, the factory overhead account will have a:______
    6·1 answer
  • Relevant Cash Flows Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land
    14·1 answer
  • Due to mismanagement, Pakistan Steel Mills is currently over levered with a debt to capital ratio of 80% and a pre-tax cost of d
    7·1 answer
  • Prior period adjustments to financial statements can result from: Multiple Choice Changes in estimates of salvage value. Materia
    12·1 answer
  • Assessing how customers in the target market evaluate price is the _______ stage in the pricing process.
    7·1 answer
  • Which level of quality of information would eventually exist in the market for lemons assuming there was no way to gain assuranc
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!