Answer:
8 years
Explanation:
Given: Cost of new machine= $500000.
Annual cash inflow= $100000.
Annual cash outflow= $37500.
First, we will calculate annual payback or cash inflow.
Annual payback= 
∴Annual payback= 
Now computing cash payback period.
Cash payback period= 
Cash payback period= 
∴ Cash payback period is 8 years.
When payback period is short then investment is more attractive.
Complete Question:
The document that the purchasing department prepares and sends to the vendor to place an order is called the:
Group of answer choices
A. Invoice approval.
B. Receiving report.
C. Purchase requisition.
D. Invoice.
E. Purchase order.
Answer:
E. Purchase order
Explanation:
The document that the purchasing department prepares and sends to the vendor to place an order is called the purchase order.
A purchase order is typically a multi-copy commercial document that is prepared by the buyer who is interested in ordering goods and sent sent to a vendor (supplier) to place an order.
Generally, one copy of the purchase order is sent to the vendor (supplier) of the goods while the other copy is sent to the accounts payable department of the company, so as to enable them compare it with the invoice issued by the vendor or supplier for accuracy and accountability.
Additionally, a purchase order comprises of informations such as quantity of goods being ordered, price, type etc.
Explanation:
I have provided the code below which is producing the correct answers. Answers are verified by actual answers from calculator.
I have used a for loop for fast calculation and print.
ANSWER CODE:
population = 312032486;
seconds = 365*24*60*60;
births = seconds//7;
deaths = seconds//13;
immigrations = seconds//45;
years = {1,2,3,4,5}
change_in_pop = births - deaths + immigrations;
for val in years:
new_population = population + val*(change_in_pop)
print("The population after " + str(val) + " years is " + str(new_population)+"\n")
Answer:
$30,947.92
Explanation:
The computation of the net present value is shown below:
= Present value of all yearly cash inflows after applying discount factor + - initial investment
where,
The Initial investment is $74,000
All yearly cash flows would be
= Annual cost savings × PVIFA for 9 years at 8%
= $16,800 × 6.2469
= $104,947.92
Refer to the PVIFA table
So, the net present value is
= $104,947.92 - $74,000
= $30,947.92
Answer:
(b) Internal failure costs (d) Prevention cost
Explanation:
(a) External failure costs are those costs incurred due to product failures after they have been sold to customers. These costs include: Legal fees related to customer lawsuits. Loss of future sales from dissatisfied customers.
b) Appraisal costs are a specific category of quality control costs. Companies pay appraisal costs as part of the quality control process to ensure that their products and services meet customer expectations and regulatory requirements. These costs could include expenses for field tests and inspections
(c) Internal failure costs are those costs of quality associated with product failures that are discovered before a product leaves the factory. These failures are discovered through the firm's internal inspection processes.
(d) Prevention costs are those costs incurred to avoid or minimize the number of defects at first place are known as prevention costs. Some examples of prevention costs are improvement of manufacturing processes, workers training, quality engineering, statistical process control
