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madam [21]
2 years ago
6

An investment project provides cash inflows of $705 per year for eight years. What is the project payback period if the initial

cost is $1,900
Business
1 answer:
attashe74 [19]2 years ago
7 0

Answer:

2 years and 8 months

Explanation:

The payback period is the length of time required for thee total cashflows to equal the Initial Capital Investment.

Payback = $1,900

Therefore,

$1,900 = $705 + $705 + $490

Which is 2 years and 8 months ($490/ $705 × 12)

Conclusion :

The project payback period is 2 years and 8 months

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3 years ago
Sheridan Company uses job order costing for its brand new line of sewing machines. The cost incurred for production during 2019
gizmo_the_mogwai [7]

Answer:

$1,440 per machine

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4 0
2 years ago
What is the study of the ways in which money is created and used in society?
arlik [135]
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Hope this helps and have a great rest of the day!! :)
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2 years ago
How do organizations calculate various costs, and what do these calculations mean to business?
QveST [7]

Answer:

See the explanation section

Explanation:

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ikadub [295]

Answer:

D) Marginal utility of the last unit of each product consumed is the same.

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