Answer:
3 years
Explanation:
The formula to compute the payback period is shown below:
= Initial investment ÷ Net cash flow
where,
Initial investment is $450,000
And, the net cash flow = annual net operating income + depreciation expenses
= $105,000 + $45,000
= $150,000
Now put these values to the above formula
So, the value would equal to
= ($450,000) ÷ ($150,000)
= 3 years
Answer:
1. Her return on investment is 20%
2. $40,000
Explanation:
1. We have Return on Investment = Net income from the Investment / The invested amount.
The net income is clearly stated in the Question which is the after-tax profit at $20,000.
The invested amount of Amelia is the amount she invested in Goodies Gift Shop which is illustrated as net worth ( owner's equity) at $100,000 in the Balance Sheet (Year 2).
As we have Return on Investment = 20,000/100,000 = 20%
2. We have the projected pre-tax profit = Projected margin - total overhead = 250K - 200K = $50,000
The after-tax profit = pre-tax profit x (1- tax rate) = 50K x (1-20%) = $40,000
Answer:
(B)
Explanation:
Europay, Mastercard , Visa (EMV) is a payment method based upon technical standard for smart card payments or ATMs that accept them.
These are smart cards (also referred to as chip cards) that are capable of storing large amount of information and also include a magnetic stripe at the back for backward compatibility.
Smart cards can serve as credit or ATM cards, fuel cards, mobile phone SIMs etc. Smart card chip can be loaded with funds and can be used for paying parking meters, vending machines or merchants.
Conducting monetary policy
Supervising and regulating depository institutions
Maintaining the stability of the financial system
