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-Dominant- [34]
3 years ago
15

A project that costs $25,000 today will generate cash flows of $8,600 per year for seven years. What is the project's payback pe

riod?
Business
1 answer:
Nimfa-mama [501]3 years ago
5 0

Answer: 2.90 years.

Explanation:

Payback period is the amount of time that it will take a project to pay back or recuperate the initial investment in the project.

This project is making $8,600 a year and had an initial investment of $25,000.

The Payback period is;

= Investment / Annual Cashflow

= 25,000 / 8,600

= 2.90 years.

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________ are hired as needed and are not part of the organization's permanent workforce. select one:
Brrunno [24]
C. Independent contractors
5 0
3 years ago
In January 2016​, currency held by individuals and businesses and​ traveler's checks was ​$1,347 ​billion; checkable deposits ow
Zielflug [23.3K]

Answer:

M_1 = $3111

M_2 = $12409

Explanation:

    Given data:

Amount of currency held  =  $1347 billion

checkable deposit $1347 billion

saving deposit $8189 billion

small time deposit $400 billion

market fund $709 billion

Saving deposit in the form M2 and M1

M_1 =  currency held as individual and traveller check +  checkable deposit

       = $1347 + $1764

M_1 = $3111

M_2 = M_1 +  saving deposit _ time deposit + maket funds

       = $3111 + $8189 + $400 + $709

M_2 = $12409

3 0
3 years ago
Which of the following is not considered a credit?
Serga [27]

Answer:

which of the following is not considered a credit?

overdraft fee

Explanation:

5 0
3 years ago
On March​ 15, Maxwell Plush sold and shipped merchandise on account for​ $6,000 to Kittson Amusement​ Park, terms FOB shipping​
a_sh-v [17]

Answer:

(a)- Its assets will​ increase, as will its equity

Explanation:

The commercial terms state FOB shipping​ point therefore the transfer succeeds once the cargo enter the port.

The sale is thus completed. The revenue can be recognize thus, increasing the company's equity and assets.

Account receivable(+Assets)     debit

             Sales Revenue(+Equity)           credit

8 0
3 years ago
The administrative activities of controlling, directing, and coordinating police personnel, resources, and activities in the ser
frozen [14]

Answer:

The statement is describing the functions of police management.

Explanation:

Just like managing a firm, managing the police works in a similar way: police directors have to plan, control, direct, and coordinate all aspects related to the police operations, both on a daily basis, and on a long-term basis.

It is very important to have good police management because police is a service that is public and crucial for citizens. The wrong kind of police management can cause safety and public order problems that can be very disruptive for daily life.

3 0
2 years ago
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