This shorter payback period is positive and beneficial to the consumer, as it allows for harmony with amortization expenses.
We can arrive at this answer because:
- A short payback period is beneficial because of its relationship to amortization, as long-term debt allows this amortization to take place.
- These amortization expenses allow the cost of long-term assets to be represented in the payment.
- However, when the short-term payback period allows for amortization, causing the asset's value to be reduced by the amount that will be paid by the consumer.
In this case, we can state that in cases like the one shown in the question above, the short payback period is very beneficial and interesting to the consumer, as it can promote economic benefits.
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In the scenario in which both Lloyd and Harry are claiming patent protection for the same invention
that each independently created, the rights to protection will be
awarded to <span>the one who actually completed the invention first.</span>
This follows from the American standard which states that the "first-to-invent" is awarded the patent.
The formula is
C+ F-P divided by N then the fraction bar F+p divided by 2 that should get your answer
Answer:
The equity for this firm is $32,540
Explanation:
<u>Using the accounting equation we can solve for the equity:</u>
assets = Liabilities + Equity
Equity = Assets - Liabilities
Now, we need to determiante the totals for assets and liabilities and sovle for equity:
Cash 31,800
Supplies 740
Equipment <u> 11,300 </u>
Total Assets 43,840
Liabilities 11,300
Equity = 43,840 - 11,300 = <em>32,540</em>
