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
lapo4ka [179]
3 years ago
11

The following details are provided by a manufacturing company: Product line Investment $1,100,000 Useful life 12 years Estimated

annual net cash inflows for first year $400,000 Estimated annual net cash inflows for second year $390,000 Estimated annual net cash inflows for next ten years $380,000 Residual value $70,000 Depreciation method Straight-line Required rate of return 14% Calculate the payback period for the investment. (Round your answer to two decimal places.)
Business
1 answer:
tangare [24]3 years ago
5 0

Answer:

2.82 years

Explanation:

The payback is the length of time taken for the investment's cash inflows to equal the initial investment outlay.

In the first two years of the investment, $790,000($400,000+$390,000) would have been recouped out of the initial investment of $1,100,000.

The amount that is expected to be recovered in  year 3  is $310,000 ($1,100,000-$790,000), based on that , we can compute our payback period thus:

payback  period=2 years+(cash flow recovery in year 3/year cash 3 inflows)

payback  period=2+($310,000/$380,000)

payback period=2.82 years

You might be interested in
Select the correct answer.
scZoUnD [109]
B i hope it work tho
5 0
3 years ago
Can Anybody Help? Need All 4 Questions Answered
Marat540 [252]

Answer:

1. It is ethical for her to list her job duties in great detail as she ahs still done the job in question.

2. It is unethical to embellish her job responsibilities as she includes responsibilities in her job that she has not done and has therefore lied to the job she is applying for.

3. Problems she may face is being fired for lying, made to do work that is not in her capabilities and can potentially damage the work assigned and job in general, as well as trouble by her colleagues and boss

4. She can include attributes that make her a promising individual. For example she states she can "learn on the fly" and thus can write in her resume that she is a quick learner and can adapt easily to her surroundings.

3 0
3 years ago
The "invisible hand" concept suggests that
Alisiya [41]
The answer is C hope it helps
5 0
4 years ago
Grassley Corporation allocates administrative costs on the basis of staff hours. Short-run monthly usage and anticipated long-ru
vodka [1.7K]

Answer:

$80,000

Explanation:

Calculation to determine what the amount of variable administrative cost to allocate to Department 1 would be

Variable administrative cost to allocate to Department 1=(40,000 ÷100,000) x $200,000

Variable administrative cost to allocate to Department 1=0.4×$200,000

Variable administrative cost to allocate to Department 1= $80,000

Therefore The Variable administrative cost to allocate to Department 1 would be $80,000

4 0
3 years ago
The gross pay, benefits and job expenses for two different employees are shown below. Employee A: gross pay $57,200, employee be
Lemur [1.5K]

Answer:

a. The total employment compensations for the two employees are the same

Explanation:

Employee compensation refers to payment made to employees by an organization in consideration for the services rendered.

Employee compensation can be in cash form such as salary and wages, perquisites, allowances, incentives, commission, etc.

In the given case,

<u>Compensation for Employee A</u>:

= Gross Pay + Employee benefits - Job expenses

= $57200 + 5300 - 800

=  $ 61,700    

Similarly,

Compensation for Employee B:

= Gross Pay + Employee benefits - Job expenses

= $56,900 + $6200 - $ 1400

= $61,700

Thus, employment compensation for both A and B are the same.

4 0
3 years ago
Other questions:
  • Which of the following statements is FALSE? Global bonds combine the features of domestic, foreign, and Eurobonds, and are offer
    13·1 answer
  • Wholesome Pet Food has successfully specialized for 20 years in high-quality pet food made from all-natural ingredients and orga
    9·1 answer
  • 2. Distinguish between economic and non-economic wants.
    15·1 answer
  • A company needs to have 25,000 pounds of material trucked from plant A to plant C. It also needs to truck 30,000 pounds of anoth
    15·1 answer
  • Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $64,000, and Martin's capital balance $61,000.
    14·1 answer
  • The Grondas, who owned a party store along with land, fixtures, equipment, and a liquor license, entered into a contract to sell
    5·1 answer
  • May 1 Prepared a company check for $450 to establish the petty cash fund.
    13·1 answer
  • Pepper Corporation owns 75 percent of Salt Company's voting shares. During 20X8, Pepper produced 50,000 chairs at a cost of $79
    9·1 answer
  • Using the (DMP) Model. (1) What determines a consumer’s decision to search for work? (2) What determines a firm’s decision to po
    15·1 answer
  • madd, aa, and sadd are examples of: a. workplace-based drug education programs. b. voluntary health agencies. c. state education
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!