Answer:
C) 4.2 years
Explanation:
The computation of the payback period is as follows;
As we know that
Payback Period = Initial cost ÷ Annual net cash flow
Here
Initial cost = $278000
Annual net cash flow = Incremental after tax + Depreciation per year
where,
Depreciation per year = (Original cost - Salvage value) ÷ Estimated Life
= ($278,000 - $30,000) ÷ 8 years
= $31,000
Annual net cash flow is
= $35000 + $31000
= $66000
So,
Payback Period is
= $278000 ÷ $66000
= 4.2 Years
Rest of the answer? There should be more
Answer:
50%
Explanation:
From the question we have here
If adults would pay 20$
Out of a 100% students:
60% would pay 15
40% would pay 10
If regular price = 20$
We are required to find discount
Discount = (20 - 10)/20 x 100
Discount = 0.5 x 100
Discount = 50%
The museum should offer 50percent discount.
Answer: In the answer I was able to match each sentence to the particular word they describe:
a. A desire for pleasure is VOLUPTUOUSNESS.
b. To belief that something might be true even though it cannot be confirmed is to SURMISE.
c. An extremely large number is a MYRIAD.
d. To pay a cost or expense is to DEFRAY.
e. A barren, open country covered with small shrubs is a HEATH.
Answer:
Statement B would impair the independence of Jackson & Company, as any service which involves the contingent fee arrangements with the client will impair his independence.
Explanation:
Statement A will not hinder the independence as:
Personal tax services provided to employees of the client do not hinder the independence, but if the same services are provided to corporate officers this is hindrance to independence.
Statement C will not hinder independence as:
In fact, these services are required when performing audit, internal control audit is essential as per PCAOB
Statement D will jot hinder independence as:
This is applicable only if it relates to previous year, since he do not provide service now, it is not going to effect the independence.
