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
During December, Far West Services makes a $2,200 credit sale. The state sales tax rate is 6% and the local sales tax rate is 2.
klasskru [66]

Answer:

This long of a question for onmly 10 points? But ill answe rit anyway. 48000299 the 200

Explanation:

3 0
3 years ago
Which of these is an example of the broad economic goal of growth? A. Bank failures spark a wave of new loan regulations by the
forsale [732]

“The federal government awards technology development contracts to U.S. businesses” is an example of the broad economic goal of growth.

 

Equity<span> <span>or </span>economic equality<span> is the concept or idea of fairness in </span>economics, particularly in regard to taxation or welfare economics.</span>

 

The correct answer between all the choices given is the third choice or letter C. I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

<span> </span>

8 0
2 years ago
Read 2 more answers
Frequently, you’ll hear people say that “retirement age” is 65. What are they referring to?
VLD [36.1K]
Frequently, you’ll hear people say that “retirement age” is 65. What are they referring to? People who say this are referring to the age in which you can receive your full Social Security retirement benefits. At different ages starting at age 62, you are eligible to receive a percentage of the benefits, once you hit 65, you can receive your full percentage/allotted amount.
6 0
3 years ago
Read 2 more answers
Low Carb Diet Supplement Inc. has two divisions. Division A has a profit of $134,000 on sales of $2,310,000. Division B is able
Genrish500 [490]

Answer:

a. Division A = 5.80 %, Division B = 8.95 %

b. Division B is superior. Because, it generates a greater profit margin per each sale made.

Explanation:

<u> a. Compute the profit margins</u>

Profit margin = Profit / Sales × 100

Division A = $134,000 / $2,310,000 × 100

                 = 5.80 % (2 decimal places.)

Division B = $33,400 / $373,000 × 100

                 = 8.95 % (2 decimal places.)

<u> b. Based on the profit margins</u>

Division B is superior as it generates a greater profit margin per each sale made.

8 0
2 years ago
Bob is a stay-at-home father of two toddlers during the day while his wife is at work. Now, Bob would like to work at least part
dolphi86 [110]
B. Work/life balance so he can spend time with his children
6 0
3 years ago
Other questions:
  • A house of quality would depict the strength of the relationship between which of the following two​ items? A. The stitching use
    5·1 answer
  • Parker &amp; Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company
    14·1 answer
  • Consider a hypothetical closed economy in which households spend $0.70 of each additional dollar they earn and save the remainin
    14·1 answer
  • Which of the following is not among the chief reasons organizations fail? Multiple Choice overemphasis on short-term financial p
    10·1 answer
  • A drive through liquor store estimates that customers arrive in their cars at the rate of 10 per hour. The cashier can serve cus
    11·1 answer
  • Relationship between democracy and free market economy?
    14·1 answer
  • Your best customer, who has high volume with your company, asks you for a volume discount. Actually, he demands this, rather tha
    8·1 answer
  • IKEA has essentially changed the way people shop for furniture. Discuss the pros and cons of this strategy, especially as the co
    11·2 answers
  • Skysong, Inc. reported net income of $194,500 for 2020. Skysong also reported depreciation expense of $47,500 and a loss of $6,2
    15·1 answer
  • One disadvantage of the BYOD strategy is the potential for __________. Group of answer choices cost savings increased flexibilit
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!