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PolarNik [594]
3 years ago
8

The Easton manufacturing Company is looking to replace its conveyor belt system. A new system will cost $345,000, and will resul

t in cost savings of $220,000 in the first year, followed by savings of $100,000 per year over the following 3 years. The payback period for this project is closest to: Round your answer to two decimal places.
Business
1 answer:
Paha777 [63]3 years ago
8 0

Answer:

2.25 years

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Amount recovered in year 1 : $-345,000 + $220,000 = $-125,000

Amount recovered in year 2 : -1250000 + 100,000 = $-25,000

-25,000 / 100,000 = 0.25

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Gwar [14]

Answer:

See below

Explanation:

Option of whether Pine street Inc. should sell unfinished book cases

Sales per unit

$59

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Variable cost per unit

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Contribution per unit

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Option of whether Pine street inc. should sell finished book cases

Sales per unit

$75

Less :

Variable cost per unit

$8

Contribution per unit

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Less :

Fixed cost

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Operating profit

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Therefore, it is recommended that Pine street inc. should sell finished book cases because that would yield the highest operating profit.

4 0
3 years ago
What term is used for bonds that have specific assets pledged as collateral?
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Answer: Collateral bonds

       

Explanation: In simple words, collateral or secured bonds refers to the the bonds that have are backed by the security of some financial asset such as any stock or some other bonds which are referred to as collateral.

These collateral  assets are held and deposited by the trustee at the discretion of the holders. Generally, the interest rate on these bonds is Lower than the interest rates of normal bonds without collateral as they have an additional security.

In case the company fails to pay to the bonds holders they can pressure the company to sell the asset and make payments to the bondholders. These bonds are issued by strong organisations to some specific individuals.

7 0
3 years ago
What is the direct labor efficiency/quantity variance for november? group of answer choices $1,800 $1,900 $2,000 $2,090 $2,200
enot [183]

The direct labor efficiency/quantity variance for November of $1,800.

The labor efficiency variance focuses on the number of labor hours used in production. It is defined as the difference between the actual number of direct labor hours worked and budgeted direct labor hours that should have been worked based on the standards.

Labor efficiency variance equals the number of direct labor hours you budget for a period minus the actual hours your employees worked, times the standard hourly labor rate.

For example, assume your small business budgets 410 labor hours for a month and that your employees work 400 actual labor hours.

Learn more about Labor efficiency here: brainly.com/question/15418098

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5 0
1 year ago
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vlabodo [156]

Answer:

Office chief

Explanation:

Because he is the one to tell the people to come in or come out

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3 years ago
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elena-14-01-66 [18.8K]

johnson​ & johnson corporation stock has a beta of 0.30. what is its expected​ return

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