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antoniya [11.8K]
3 years ago
6

Storax Manufacturing purchases equipment for $50,000. The equipment has an expected life of 10 years and an estimated salvage va

lue of $2,000. Storax expects the new equipment to generate annual cost savings of $8,000. What is the payback period for the equipment
Business
1 answer:
Mashcka [7]3 years ago
8 0

Answer:

6.25 years

Explanation:

The formula to compute the payback period is shown below:

= Initial investment ÷ Net cash flow

where,  

The Initial investment is $50,000

And, the net cash flow is $8,000

Now put these values to the above formula  

So, the value would equal to

= ($50,00) ÷ ($8,000)

= 6.25 years

All other information which is given is not relevant. Hence, ignored it

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A paid advertisement for the Texas Department of Economic Development, Tourism Division, invited readers of a magazine to mail i
lawyer [7]

Answer: Lead generation  

     

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In the given case, the Texas department is trying to attract tourists to visit their state. It is the first time they are trying to do so by inviting the readers of magazines.

Hence from the above we can conclude that the primary purpose of their ad was lead generation.

4 0
3 years ago
BestBank's Visa credit card discloses an A.P.R. of "Prime Rate + 5.74% to Prime Rate + 22.74%." If the Prime Rate increases from
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The prime rate is the base rate for any financial transaction. The prime rate is considered for each type of lending instruments by the bank. bank add a margin % over the prime rate and offer loan/instrument at the increased rate.

In the given case, the BestBank's Visa credit card discloses an A.P.R. of "Prime Rate + 5.74% to Prime Rate + 22.74%, which means the A.P.R is calculated on the basis of Prime rate and any change in prime rate will directly affect the A.P.R.

The Prime Rate has increased from 3.25% to 4.25%, it means the increase of 1%. Hence the A.P.R. Shall also increase by 1%.

Hence the correct answer is:

b. Increase in A.P.R by 1%

4 0
3 years ago
When a country that imports shoes imposes a tariff on shoes, buyers of shoes in that country become worse off.
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7 0
3 years ago
"Discuss the financial and operational implications for airlines as they try to offer the newest technology services?"
Oksana_A [137]

Answer with Explanation:

The introducing of newest technology would definitely have financial and operational implications. These implications are given as under:

Financial implications

  • Cost Reduction: The operational costs would be reduced by investing in the newest technology which will make the cash flow position better with time.
  • Benefits Lost Risk: It is possible that the investment might not bring value to the company because of any emergent problems, whose mitigation requires incurring of additional costs.
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Operational implications

  • Implementing a newest technology might improve the operational processes through which the customer go through, which would increase the customer satisfaction.
  • Implementation problems of newest technology.
  • Long term Customer retention will easy for the airline company due increased customer satisfaction.
  • Operational efficiencies related to services will process the customer fastly saving the companies precious time wasted in these process thus reducing the future human resource cost.
  • Using robots might bring adverse marketing because the people might think that the human resource are no more required and risks associated with the acceptance of technology due to cultural differences.
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Which sentence from the passage supports the following statement?
vazorg [7]

Answer:

idk sorry have a good day!!!!!

Explanation:

8 0
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