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
joja [24]
2 years ago
15

A machine can be purchased for $60,000 and used for five years, yielding the following net incomes. In projecting net incomes,

Business
1 answer:
Mrrafil [7]2 years ago
5 0

Answer:

2.505 Years

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

cash flow = ne income + depreciation

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

60,000 / 5 = $12,000

Cash flows :

Year 1 = 15900

Year 2 = 21900

Year 3 = 44,000

Amount recovered in year 1 = $-60,000 + 15900 = -44,100

Amount recovered in year 2 = -44,100 + 21900 = -22.200

Amount recovered in year 3 = - 22,200 + 44,000 = 21800

payback = 2 years + 22,200 /44,000 = 2.505 years

You might be interested in
If interest rates on the euro are consistently below U.S. dollar interest rates, then for the International Fisher Equation (IFE
Temka [501]

Answer:

The euro will appreciate against the dollar.

Explanation:

Since in the given situation it is mentioned that the rate of interest is consistently less than the interest rate of US so here in the IFE, the euro normally appreciated or increased as against the dollar

So as per the given option, the above should be the answer and the same should be relevant

Therefore the rest of the options are considered to be wrong

4 0
3 years ago
51502194 I hate you can everyone please report him
Assoli18 [71]

Answer: why do you hate this person so much

Explanation:

7 0
3 years ago
Read 2 more answers
Which two questions are good questions to ask in an informational interview?
PtichkaEL [24]
When your doing an interview never ask how much money do you make that will make them think that your there just for the money and not the job
6 0
3 years ago
Read 2 more answers
Department 1 completed work on 500 units and transferred them to Department 2. The cost of the units wasâ $750. What is the jour
horsena [70]

Answer:

B. Work-in-Process Inventory-Dept. 2 750 Work-in-Process Inventary Debit. 1 750

Explanation:

The journal entry to record this transaction is shown below:

Work-in-Process Inventory A/c - Department 2 $750

               To Work-in-Process Inventory A/c - Department 1 $750

(Being the completed units are transferred)

For recording this transaction we debited the work in process department 2 and credited the work in process department 1

4 0
3 years ago
\Select the three generic business strategies Porter identified for entering a new market. Multiple select question. Focused lea
Dahasolnce [82]

broad differentiation, focused strategy, and broad cost leadership are the three Generic business strategies Porter identified for entering a new market.

<h3>What are Generic business strategies?</h3>

A Generic business-level strategy is a broad approach to a company's positioning within a sector. Executives can concentrate on the essential components of business-level plans by focusing on generic strategies. The most widely used set of generic strategies is derived from the work of Harvard Business School Professor Michael Porter.

The foundation of any business-level strategy, in Porter's opinion, is two competitive dimensions. The first factor is the source of competitive advantage for a company. This factor examines whether a company seeks to outperform competitors by cutting costs or by providing a niche product.

The range of a company's operations is the second factor. This aspect pertains to whether a company tries to target clients generally or whether it only aims to draw in a certain customer demographic.

These choices lead to the following four general business-level strategies:

  • Broad cost leadership,
  • Broad differentiation,
  • Focused cost leadership,
  • Focused differentiation.

To know more about Generic business strategies refer to:  brainly.com/question/27403764

#SPJ4

8 0
2 years ago
Read 2 more answers
Other questions:
  • The Roberts family just received news from Jo-Anne Roberts' employer that she was receiving a prestigious promotion to Corporate
    5·1 answer
  • Kimberly has been helping Jonah in preparing his personal income tax forms for a couple of years. Jonah's boss recommended Kimbe
    14·1 answer
  • The federal government does not require employees to contribute to worker's compensation insurance.
    11·2 answers
  • A manager doing performance appraisals gives more weight to recent employee behaviors than to behaviors of 6 or 9 months earlier
    10·1 answer
  • On a bank reconciliation, the amount of an unrecorded bank service charge should be
    6·1 answer
  • Is sand and salt mixture homogeneous or heterogeneous?
    8·1 answer
  • In the short​ run, firms will​ _______. A. incur an economic loss B. continue to break even C. make an economic profit Some firm
    13·1 answer
  • Megatrends stock will generate earnings of $2 per share this year. The discount rate for the stock is 10%, and the rate of retur
    12·1 answer
  • Which margin size is most appropriate for a business card?
    13·2 answers
  • Why should we be careful about what we post on social media and the internet?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!