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stellarik [79]
3 years ago
8

A proposed new venture will cost $85,000 and should produce annual cash flows of $30,000, $55,000, $40,000, and $40,000 for Year

s 1 to 4, respectively. The discount rate is 10 percent. What is the payback period
Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
4 0

Answer:

2 years

Explanation:

Payback period is the amount of time it takes to recover the amount invested in a project from its cumulative cash flows

In the first year, -$85,000  + $30,000 = -$55,000 is recovered

In the second year, -$55,000 + $55,000 = 0

The total amount invested is recovered in the second year

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Jerry contributed $8,000 for a 25% interest in a bookstore. He also contributed a cash register, with a fair market value of $49
Marta_Voda [28]

Answer:

The Jerry's partnership basis in the bookstore at the end of the year is $23,350.

Explanation:

Workings

Contributed Capital = $   8,000

Add: Adjusted basis of cash register = $       350

Add: Share of Profit ($60000 X 25%) = $ 15,000

Partnership basis at the end of the year = $ 23,350

8 0
3 years ago
Within the​ growth-share matrix,​ "cash cows" are​ __________.
Flura [38]

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3 years ago
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postnew [5]

Answer:

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7 0
3 years ago
What are entrepreneurs?
mezya [45]

Answer:

Entrepreneurs are people who organize/operate their own buisness or buisnesses.

Explanation:

hope this helps lad :)

8 0
3 years ago
Read 2 more answers
HURRY HURRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
AfilCa [17]
Hey, The answer is true. Hope I helped!!
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3 years ago
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