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evablogger [386]
2 years ago
7

Swifty Company has identified that the cost of a new computer will be $30000, but with the use of the new computer, net income w

ill increase by $3000 a year. If depreciation expense is $1000 a year, the cash payback period is: 30.0 years. 10.0 years. 7.5 years. 15.0 years. Save for LaterAtte
Business
1 answer:
klio [65]2 years ago
8 0

Answer:

10.0 years

Explanation:

The computation of the payback period is shown below

We know that

Payback period = initial cost ÷ increase in net income

= $30,000 ÷ $3,000

= 10 years

As the depreciation expense is a non-cash expense so we dont considered it

Therefore the first option is correct

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Which one of the following parties can sell shares of ABC stock in the primary market? A. ABC company B. Any corporation, other
Alexxandr [17]

Answer:

The correct answer is letter "A": ABC company.

Explanation:

Corporations and governments finance their activities by issuing stock or bonds which are <em>purchased by the public directly from the issuing corporation or government entity</em>. This is considered the primary market, which provides investors their first chance to purchase new security.

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3 years ago
Why is cvp analysis more difficult when using absorption costing than when using variable costing?.
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CVP analysis is more difficult because its requires costs to be broken down between variable and fixed which is not done in absorption costing.

<h3>What is a CVP analysis?</h3>

This is an analysis that find out how changes in the firm's variable and fixed costs affect the firm's profit.

Hence, the analysis is difficult when using absorption costing than when using variable costing because its requires costs to be broken down between variable and fixed which is not done in absorption costing.

Read more about CVP analysis

<em>brainly.com/question/26654564</em>

4 0
2 years ago
Which of the following situations could cause a budget deficit for the federal government?
Sindrei [870]
The answer is letter C. There is a recession. It is a temporary economic decline when trade and business activities are lessened which leads to the GDP of the country to reduce in numbers. If the decline would last for at least 6 months, this will cause a major impact on the real GDP,
7 0
3 years ago
Read 2 more answers
The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed wh
Genrish500 [490]

Answer:

c. $1,740 F

Explanation:

The $\text{material quantity variance}$ is the measure of the $\text{difference}$ between the amount of materials that is used in actual for the production process and the amount of the material that was expected or estimated to be used in the production process.

It is given that the Snuggs Corporation applies the variable overhead on direct labor hour basis.

Therefore, the SQ = 2.8 ounces per unit x 1100 units =   3080 ounces

The materials quantity variance = (AQ - SQ) x SP

                                            = (2790 ounces - 3080 ounces) x $ 6 per ounce

                                            = (-290 ounces) x $ 6

                                            = $ 1740 F

4 0
3 years ago
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