1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
emmainna [20.7K]
3 years ago
8

Ataxia Fitness Center is considering an investment in some additional weight training equipment. The equipment has an estimated

useful life of 10 years with no salvage value at the end of the 10 years. Ataxia's internal rate of return on this equipment is 8%. Ataxia's discount rate is also 8%. The payback period on this equipment is closest to (Ignore income taxes.):
Business
1 answer:
Levart [38]3 years ago
6 0

Answer:

6.71 years

Explanation:

we need to determine the PVIFA for 8% and 10 periods:

PVIFA = [1 - 1/(1 + i)n ] / i

PVIFA = [1 - 1/(1 + 0.08)¹⁰ ] / 0.08 = 0.5368 / 0.08 = 6.71

Ataxia's payback period should be 6.71 years or less in order for this project to be feasible and accepted.

You might be interested in
Exhibit 9-4 Refer to Exhibit 9-4. Assume the economy is self-regulating and currently is in long-run equilibrium with the price
natali 33 [55]

Answer:

<h3>P3 and Q3 </h3>

The intersection of AD curve and the long-run aggregate supply curve determines the equilibrium real GDP and price level in the long run.This happens at P3 and Q3.

Explanation:

Exhibit 9-4 Refer to Exhibit 9-4.

Assume the economy is self-regulating and currently is in long-run equilibrium with the price level equal to P5.

If something happens that shifts the AD curve to the AD1 position, the economy will eventually settle down at a long-run equilibrium point of __________. Question 6 options: P5, Q3. P4, Q4. P3, Q3. P3, Q5. P4, Q2.

<h3>P3 and Q3 </h3>

The intersection of AD curve and the long-run aggregate supply curve determines the equilibrium real GDP and price level in the long run.This happens at P3 and Q3.

6 0
3 years ago
Mia’s gross pay is $2954. Her deductions total $724. 15. What percent of her gross pay is take-home pay?.
Maurinko [17]

75.485782%

Explanation:

2954-724.15=2229.85 so i asked the internet what percent is 2229.85 of 2954 and responded with 75.485782% take home pay

7 0
2 years ago
What term refers to the knowledge, education, training, skills, and expertise of a firm's workers?
makkiz [27]
<span>Human capital is the term that refers to the knowledge, education, training, skills, and expertise of a firm's workers.
</span>Gary Becker, an economist from the University of Chicago has popularized this term. <span> The human capital includes assets of individuals that can be used to create economic value for the individuals, their employers, or their community: </span>
7 0
3 years ago
A reference group acts as a point of comparison and as a source of information for an individual.
Eva8 [605]

Answer:

True

Explanation:

A reference group is that group in which the comparison is made between the individual person or the group as the case may be.

In this group, the evaluation of individual taken place with respect to nature, behaviors, and characteristics so that they can know about them i.e performance, aims, etc

Thus, it is a mix of comparison, evaluation, and personal attributes

7 0
3 years ago
Suppose that the Lorenz Curve for the U.S. in 2019 lies completely below the Lorenz Curve for Switzerland in 2019. This implies
Yuki888 [10]

219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69

5 0
2 years ago
Other questions:
  • Consider mandy’s decision to go to college. if she goes to college, she will spend $20,000 on tuition, $10,000 on room and board
    8·1 answer
  • Last year, wesson company sold 10,000 units of its only product. if sales increase by 12% in the current year, how will unit var
    5·2 answers
  • The 2016 financial statements of The New York Times Company reveal average shareholders’ equity attributable to controlling inte
    5·1 answer
  • Marshall Officer is a stockholder in Endrun Investments, which is organized as a C Corporation. Endrun recently lost a major cou
    13·1 answer
  • Provide examples of experimental and nonexperimental research design. contrast the levels of control applied to each.
    10·1 answer
  • Olivia owns a store with four employees and is taking Business 2425. She told her class that she tries to match the appropriate
    10·1 answer
  • Why the culture of a country might influence the costs of doing business in that country?
    8·1 answer
  • The next dividend payment by Hoffman, Inc., will be $3.10 per share. The dividends are anticipated to maintain a growth rate of
    15·1 answer
  • Which action is related to short-term planning?​
    13·1 answer
  • a firm installs 1500 air conditioners which need to be serviced every six months. the firm can hire a team from its logistics de
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!