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Novosadov [1.4K]
3 years ago
11

A project has an initial cost of $6,500. the cash inflows are $900, $2,200, $3,600, and $4,100 over the next four years, respect

ively. what is the payback period?

Business
1 answer:
kkurt [141]3 years ago
8 0

Pay Back Period is a capital budgeting technique which shows the period at which the initial investment is returned in a project.

Payback Period = A + (B ÷ C)

In the above formula,

A is the last period with a negative cumulative cash flow = 2 Years;

B is the absolute value of cumulative cash flow at the end of the period A = $3,400;

C is the total cash flow during the period after A = $3,600

Payback period = 2 + ( $3,400 ÷ $3,600)

= 2 + 0.9444

= 2.944 years

Therefore, the payback period is 2.944 years.

*Note: The image attach shows the calculation of Cumulative cash flows)

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Many employers are wary of giving references for which of the following reasons? They suck up resources and energy from manageme
KIM [24]

Answer:

The most accurate answer is *They fear that if they give a positive reference for someone who doesn't work out in a new job, they may be sued by that person's new employer.

Explanation:

Giving a reference of an employees character, professional and ethical behavior, productivity and integrity is a great responsibility and not just a mere simple act.

this is mainly because the references are a main way to assess the suitability of hiring an employee and if we give an incorrect reference, the other firm might rely on it and hire an ineffective employee.

6 0
3 years ago
Peter Metcalf founded Black Diamond which creates, produces, and sells outdoor equipment. This is an example of
Liula [17]

Answer:

manufacturing organization

Explanation:

This is an example of a manufacturing organization. This is an organization that focuses on gathering all of the necessary ingredients, which are then placed in a specific process to which combines them to make a unique product. This product is then sold to other companies or individual customers to generate profit for the company. This is exactly what Black Diamond does in order to produce outdoor equipment.

5 0
3 years ago
Project X has cash flows of $8,500, $8,000, $7,500, and $7,000 for Years 1 to 4, respectively. Project Y has cash flows of $7,00
kondaur [170]

Answer:

e. Project X has both a higher present value and a higher future value than Project Y.

Explanation:

The project X cash flows are higher in initial years than of project Y. The present value of project X cash flows will be greater than project Y. The time value of money of project X will be greater than Project Y.

The future value of Project X will also be higher than project Y because it has higher cash flows in earlier years. When future value will be calculated the project X will give the higher Future value than project Y.

4 0
3 years ago
Describe the agencies that ensure properties abide by regulations.
Lady bird [3.3K]

The agencies that ensure properties abide by regulations are known as regulatory agencies.

<h3>What are regulatory agencies?</h3>

It should be noted that regulatory agencies are the independent governmental agencies that are established in order to set standards in a specific field.

In this case, the agencies that ensure properties abide by regulations are known as regulatory agencies.

Learn more about regulatory agency on:

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5 0
2 years ago
1. Spending plans are decisions about how you spend your allowance. True / False
Arte-miy333 [17]

Answer:

True

Explanation:

When you have an amount of money allotted to you its good to come up with a plan on how to spend it efficiently.

6 0
3 years ago
Read 2 more answers
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