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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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The following information is available for the year ended December 31: Beginning raw materials inventory $ 3,900 Raw materials p
love history [14]

Answer:

Direct material used= $4,900

Explanation:

Giving the following information:

Beginning raw materials inventory $ 3,900

Raw materials purchases 5,400

Ending raw materials inventory 4,400

<u>To calculate the direct material used, we need to use the following formula:</u>

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 3.900 + 5,400 - 4,400

Direct material used= $4,900

8 0
3 years ago
Your german friend has decided to come and visit you in the u.s. you estimate the cost of her trip at $2,200. what is the cost t
joja [24]
2200 times 1.2452
2739.44 euros
4 0
3 years ago
Athleisure, Inc. sells athletic gear by sending customers a catalog nine times a year. The company has no retail stores or websi
Ymorist [56]

Answer:

Telemarketing

Explanation:

Telemarketing involves the use of telecommunications devices like telephone, internet, and fax to market commodities to potential buyers. Telemarketers are the ones that usually do the marketing of the goods and services, but it now more of automated telephone calls or robocalls.

The advantages of telemarketing is that it saves time and cost, and it is also convenient. However, it has a major demerit which is the fact that allow of scams and fraud are now being committed through it.

I wish you the best.

5 0
3 years ago
When a ________ is offered on lower-priced items as a sales promotion, the time and trouble of mailing in a proof of purchase to
sergejj [24]

Answer:

Rebate

Explanation:

rebate in marketing can be regarded as a promotion techniques in sales it is a form of discount when buying product, it can be explained as as cash refund , it is when some of the paid cash by buyer is been returned to him/her.

.It should be noted that When a rebate is offered on lower-priced items as a sales promotion, the time and trouble of mailing in a proof of purchase to get the rebate check often means that many buyers never take advantage of it.

6 0
3 years ago
Define working capital. How is working capital computed?
Phoenix [80]

Working capital is calculated by subtracting current liabilities from current assets shown on a company's balance sheet. Current assets include cash, accounts receivable and inventories. Current liabilities include accounts payable, taxes, wages and accrued interest.

Working capital is calculated by subtracting current assets from a company's current liabilities. For example, if a company has current assets of $100,000 and current liabilities of $80,000, its working capital is $20,000.

To calculate the working capital requirement, the following formula can be used: Working Capital (WC) = Current Assets (CA) – Current Assets (CL).

Learn more about working capital here:brainly.com/question/19804046
#SPJ4

8 0
2 years ago
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