Answer:
payback period is lesser than 15 years we can say that they should buy the machine
so correct option is c. 4.8 years
Explanation:
given data
Purchase Cost = $300,000
Savings offered = $62,500 per year
Life of machine = 15 years
to find out
Payback period
solution
first we get here Payback period that is express as
Payback period = purchase cost ÷ savings ...........1
put here value we get
Payback period = 
Payback period = 4.8 years
and here payback period is lesser than 15 years we can say that they should buy the machine
so correct option is c. 4.8 years
Leon is best described as late majority, who are usually influenced by group norms. You can see that here as well - he didn't plan on buying that product, but he was influenced by the group of people around him, his friends, who have all bought it and recommend it to Leon to buy as well. He is "late" because he didn't purchase it immediately, but belongs to the majority, because most people will buy the product nevertheless.
Using fiscal policy to stabilise the economy is difficult because there are time lags involved in the use of fiscal policy.
Explanation:
Tax policy applies to the implementation of government spending and tax measures, including competition for goods and services, wages, inflation and economic development to affect the dynamics of the economy.
Taxes policy is decisions of the government on investment and taxes. When a government wants to promote economic growth, spending on goods and services must increase. The need for goods and services would then increase. A reduction in government expenditure would reduce the economy's total demand.
Answer: $0
Explanation:
Forward contracts get their value from the cost and on December 1, there was no cost to Curtis as he Curtis had just signed the contract.
This means that the amount that should be recorded for the Forward Contract should be $0. Even though the contract is valued at $0, it will still need to be credited against the amount to be received to at least recognize that a forward contract was entered into.
