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emmasim [6.3K]
3 years ago
8

A project has an initial cost of $2,400. The cash inflows are $0, $1,600, $1,100, and $700 over the next four years, respectivel

y. What is the payback period?
Business
1 answer:
lesya692 [45]3 years ago
7 0

Answer:

It will take 2.73 years to cover the initial investment.

Explanation:

<u>The payback period is the time required to cover the initial investment:</u>

Year 1= 0 - 2,400= -2,400

Year 2= 1,600 - 2,400= -800

Year 3= 1,100 - 800= $300

<u>To be more accurate:</u>

(800/1,100)= 0.73

It will take 2.73 years to cover the initial investment.

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Orlin purchases a refrigerator, on credit, from a door to door salesman. Orlin only has a 5th grade education, and the terms of
mote1985 [20]

Answer: the doctrine of unconscionability

Explanation:

The doctrine of unconscionability is a defense that is against enforcing a contract. From the question, we are informed that Orlin bought a refrigerator, on credit, from a salesman and the salesman want him to pay 10 times the worth of the refrigerator.

In this scenario, the contract is deemed to be unfair and also oppressive to Orlin, thus he a find it unconscionable and therefore he can refuse to enforce it. Therefore, if he wants to challenge the contract’s terms, the doctrine of unconscionability will be used.

6 0
3 years ago
What is the space between the buyer’s reservation price and the seller’s reservation price called?
dimulka [17.4K]

The space between the buyer’s reservation price and the seller’s reservation price is  called the Total surplus.

What is reservation price for buyer?

A reserve price or reservation price is a word frequently used in auctions and refers to the lowest amount a seller will accept as a successful bid. An alternate, less well-known definition is the highest price a customer will pay for a good or service.

What is producers reservation price?

The minimal price that buyers and sellers are ready to accept in order to buy or sell a good is known as the reservation price. It is the highest price a potential buyer or consumer is willing to pay for a good; for a seller or producer, it is the lowest price they are willing to accept.

Learn more about reservation price: brainly.com/question/13215058

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3 0
2 years ago
On the TV show Shark Tank, pitcher Donny McCall presented his company Invis-A-Rack, which produces a cargo equipment holder for
solong [7]

Answer:

The correct answer is Modular.

Explanation:

The commercial systems of the service companies are gaining complexity over time, having a modular and integrated solution natively generates competitive advantages and saves time and effort in the different procedures.

A modular and integrated system allows clarity about the information that is handled in each area, the relationship between them and how the different processes of the company are integrated. A modular and integrated system translates into, unify data, optimize costs and work efficiently.

5 0
3 years ago
Both the federal government and the state governments share the power to
salantis [7]

Answer: I think its D

Explanation: because they have the power to to tax, make enforce laws, and charter banks

7 0
3 years ago
2. Alex, Becky, Cindy, Deanna and Elias form a general partnership, Glorious Jeans, to manufacture coffee-colored clothing. Alex
kari74 [83]

Answer:

Under the UPA ( uniform partnership act ) the partners share the profits of the business according to their contributions towards the business ( mostly financial contribution)

The UPA is used to address the issues of profit and loss sharing in a business partnership based on financial contribution towards the business and not based on service rendered to the business hence it won't work in this situation

Explanation:

Under the UPA ( uniform partnership act ) the partners share the profits of the business according to their contributions towards the business ( mostly financial contribution), the primary purpose of the uniform partnership act to to address certain in-formal or formal issue that was not addressed under the business agreement reached between the partners,

The reason why the UPA might not govern the sharing of the profits is because of the involvement of a partner who did not contribute towards the capital but contributes in terms of service. The UPA is used to address the issues of profit and loss sharing in a business partnership based on financial contribution towards the business and not based on service rendered to the business hence it won't work in this situation

4 0
3 years ago
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