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
bonufazy [111]
3 years ago
5

Beyer Company is considering the purchase of an asset for $370,000. It is expected to produce the following net cash flows. The

cash flows occur evenly within each year. Year 1 Year 2 Year 3 Year 4 Year 5 Total Net cash flows $ 86,000 $ 49,000 $ 70,000 $ 300,000 $ 12,000 $ 517,000 Compute the payback period for this investment. (Cumulative net cash outflows must be entered with a minus sign. Round your Payback Period answer to 2 decimal place.)
Business
1 answer:
Alenkasestr [34]3 years ago
5 0

Answer:

3.55 years

Explanation:

The payback period is the length of time it takes for Beyer Company to recoup the initial investment of  $370,000.

In other words, the number of years for the net cash flows of the project to equate the initial investment amount of $370,000 as shown in the attached excel file for Beyer company's payback computation

Download xlsx
You might be interested in
The hourglass model for structuring effective business presentations suggests you should:_______.
mrs_skeptik [129]

Answer:

Begin and end your presentation with motivating context

Explanation:

Just as the hourglass is shaped with a large top, narrow middle and a large bottom. Presentations should start on a general and motivational context.

The middle of the presentation should focus on some details and procedures on how to achieve set goals and objectives of the topic. This is where practical steps are given to the audience.

The end of the presentation should again be a motivational context again. The audience is made to see the big picture of the situation.

6 0
3 years ago
Beautiful Lawns Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various age
Nadusha1986 [10]

Answer:

The correct answer is C

Explanation:

The bad debt expense is the expense which is related to the current asset accounts receivable of the company. It is also recognized as the uncollectible accounts expense, which could not collected by the company in the near future.

It result when the company delivered the goods and services on credit and the customer did not paid the amount owed.

So, computing the bad debt expense as:

Bad debt expense = Estimated doubtful account - Credit balance of Allowance for doubtful accounts

= $3,600 - $600

= $3,000

ebts expense is related to a company's current asset accounts receivable. Bad debts expense is also referred to as uncollectible accounts expense or doubtful accounts expense. Bad debts expense results because a company delivered goods or services on credit and the customer did not pay the amount owed.

6 0
3 years ago
This activity is important because as a manager, you should know how compensation methods are related to motivation theories. Co
kompoz [17]

Answer:

A. Merit Pay - 2. Equity Theory

B. Gain sharing 3. Goal-setting Theory: Unit-Focused

C. Piece-Rate Systems 4. Goal-setting Theory: Individual-Focused

D. Recognition Awards 1. Expectancy Theory Instrumentality

E. Lump-Sum Bonuses 5. Extrinsic Motivation

Explanation:

Employee motivation is dependent on many factors. A person may be motivated just if his work is appreciated. He feels that his work is appreciated and for this reason he is motivated to perform better. Some people consider pay rise or monetary rewards as their motivation factor. Some people finds more authority as their motivating factor. They feel motivated if they are given more challenging work and more authority.

8 0
4 years ago
Which of the following saving or investment options pays interest?
bezimeni [28]

Answer:

hi...my self tanvi new in brainy can get some help from you plz...to know the people...

6 0
3 years ago
Match the activities to their respective categories.
Zielflug [23.3K]

save for the first year of college LONG TERM GOAL

complete the current semester with

good grades SHORT TERM GOAL

accumulate $2,000 before the

semester ends LONG TERM GOAL

pay off at least one of the three

outstanding bills LONG TERM GOAL

complete the project assigned in

place of an upcoming exam SHORT TERM GOAL

8 0
3 years ago
Read 2 more answers
Other questions:
  • Stephanie is a twelve-year-old who often assists neighbors on weekends by babysitting their children. Calculate the 2013 standar
    13·1 answer
  • Doreen is a cosmetic sales person. her commission rate is 13 1/2%. if her monthly sales was $4,230.00 what was her monthly commi
    9·1 answer
  • When a tax is levied on sellers of tea,a.the well-being of both sellers and buyers of tea is unaffected.b.sellers of tea are mad
    12·1 answer
  • The amount of money you can charge yo a credit card is called
    15·2 answers
  • Cost-benefit analysis is similar to which of the following?
    12·2 answers
  • A commercial real estate developer plans to borrow money to finance an upscale mall in an exclusive area of the city. The develo
    10·1 answer
  • The underlying reason why trade benefits both sides of a trading arrangement is rooted in the concept of __________________.
    5·1 answer
  • Fun Stuff Manufacturing produces frisbees using a three-step sequential process that includes molding, coloring and finishing. W
    9·1 answer
  • Consider the following two investment alternatives. First, a risky portfolio that pays a 12 percent rate of return with a probab
    10·1 answer
  • A manager experiences a cashier shortage that averages $50. 00 per day. if the manager's operation is open 360 days per year, wh
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!