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
Mashcka [7]
3 years ago
9

ng 40\%; \$4.400 A company is considering the purchase of a new machine for $ 63,000 . Management predicts that the machine can

produce sales of $ 17,500 each year for the next 10 years . Expenses are expected to include direct materials , direct labor , and factory overhead totaling 6,500 per year including depreciation of per year . Income tax expense is per year based on a tax rate of What the payback period for the new machine
Business
1 answer:
Rzqust [24]3 years ago
8 0

Answer:

3 years and 8 months

Explanation:

The payback period is the length of time that it takes for the cashflow of a project to equal the initial investment of the project.

Initial investment = $ 63,000

Cash flow :

Sales                                                                        $ 17,500

Less Expenses                                                        ($6,500)

Add Depreciation ($ 63,000 ÷ 10)                           $6,300

Annual Cash flow                                                    $17,300

thus,

It takes 3 years and 8 months ($11,100/$17,300 x 12) for the cashflow of a project to equal the initial investment for the new machine.

You might be interested in
Min applies for a job as a receptionist at an accounting firm. If she is denied a job because she is of Asian origin, she may be
Likurg_2 [28]

Answer:

Option C is the correct answer.

Explanation:

What do we understand by disparate-treatment discrimination?

It simply refers to an act of unequal behavior towards someone because of some existing prejudices in the mind of those that commit the act. These prejudices could include false believes about the person coming in. For example a stereotype about being Asian or probably, one about being a female. So what this means is that this act is committed when an unequal behavior is shown to a person because of some characteristics possessed by the person for example gender-based or demographic considerations.

Important to note is that this act is illegal. Since it is illegal, a person feeling he had been a victim could get a court to preside over his/her issues with the said person

6 0
2 years ago
Read 2 more answers
Max has two options this weekend. He could work at his job and earn $7 per hour for three hours, or he could go to an exhibit at
densk [106]

Answer:

The opportunity cost of the event $21.

Explanation:

Opportunity cost is the loss of alternative when someone chooses an alternative.

Number of Hours = 3 hours

Earning per hour = $7

Total opportunity cost = $7 x 3

Total opportunity cost = $21

As Max has to bear the loss of $21 earning when he goes to the event in the museum. So this is his opportunity cost.

8 0
3 years ago
A customer purchases 8M of City of Los Angeles 4% G.O.'s, maturing in 2038 at 95. The interest payment dates are Jan 1st and Jul
Temka [501]

Answer:

The amount customers are expected to pay $7600 per bond

Explanation:

8M implies that the municipal bond has  $8000 as its par value.

The amount a customer would is 95% of the par value

Hence, customers are expected to pay $7600 (95%*$8000)

For instance a 5M at 105 means that the par value of the bond is $5000 but issued at 105%, which translates into $5250 without considering commissions as well as the accrued interest on the bond which might also be factored into the price.

6 0
3 years ago
Read 2 more answers
Cool Gelato uses various sizes of foam cups. The use of 8oz foam cups is constant throughout the year, and Cool Gelato expects t
ruslelena [56]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

5 0
3 years ago
The first step of the accounting cycle is to
elixir [45]
A. Record journal entries
3 0
3 years ago
Other questions:
  • Suppose a wet and sunny year increases the nation's sweetcorn crop by 20%. How will this affect the market for frozen peas,a sub
    13·1 answer
  • Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $5,800,000;
    15·1 answer
  • Diversification merits strong consideration whenever a single-business company A. has integrated backward and forward as far as
    14·1 answer
  • Ntercon is an Internet-based company that provides online support services for businesses that need help in setting up and maint
    15·1 answer
  • Pleaseeee help me
    9·1 answer
  • Chiko bought 75 shares of stock at $19.58 per share. She recelved total dividends of $73.42 during the year. At the end of the y
    8·1 answer
  • Determine which one of these three portfolios dominates another. Name the dominated portfolio and the portfolio that dominates i
    11·1 answer
  • Early majority tend to lead and want to know others have been successful with a
    5·1 answer
  • Which has a higher flow rate? 10 customers arriving over two hours or 10 customers arriving over three hours?
    7·1 answer
  • 1 Cash 15,000 2 Bank 22,000 3 Account Receivable 41,000 4 Goodwill 60,000 5 Merchandinse 1-1-2021 31,000 6 Furniture 70,000 7 Bu
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!