Answer:
2 years
Explanation:
Payback period is the length of time it takes for the future cash flows to equal the initial investment.
$224,000 = $112,000 + $112,000
therefore,
It takes 2 years for the cashflows to equal initial investment
Answer:
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The discrimination which involves bank consistently denying loans to people of particular color is an example of Institutional discrimination.
The discrimination described is held-on to by staff because of the laid-down company law, guidelines, tradition etc
- An Institutional discrimination refers to those internal policies that result in the denial of resources and opportunities to some class of individual or groups.
- The denial of loan provision because of color is possible because the employees held on the company's law, guideline on loan procedure
Therefore, the discrimination which involves bank consistently denying loans to people of particular color is an example of Institutional discrimination.
Read more about Institutional discrimination:
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Answer:
<u>Letter B is correct</u>. Diversification.
Explanation:
Diversification in this case is the best option for an investor with this profile. This is because in the passive approach it is considered the price fluctuation information of a stock and the history of its current and future earnings. Therefore, diversification is ideal for this type of investor, because diversifying investments reduces the risk of losses.
Available Options Are:
A. =SUM(G12:G16).
B. =SUMPRODUCT(B3:F7, B12:F16)
C. SUMPRODUCT(B3:F7, B12:F16).
D. =SUM(B12:F16)
Answer:
Option B. =SUMPRODUCT(B3:F7, B12:F16)
Explanation:
Here we need summation of two rows B3:F7 and B12:F16. The formula that we will use will be SUMPRODUCT. To calculate sum product in I3 we will edit equal sign first and then "SUMPRODUCT(,)". Then complete the rows that we want to add. Before the coma sign we will place the first row which is B3:F7 and after the coma sign we will place the second row which is B12:F16. In this way we would compute the summation of values present in both rows.
This means that only Option B is correct here.
Option A is not correct because it is the summation of cells present in a single column which doesn't include any cost item assigned. Hence it is incorrect as the formula must be the summation of 2 rows.
Option C is incorrect because it doesn't includes equal sign at the start.
Option D is incorrect because it is only the sum of a single row B12:F16, hence it is incorrect.