Answer:
3.83 years
Explanation:
The payback period measures how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.
It is a capital budgeting technique that doesn't account for the time value of money.
Payback period = Cost of asset / cash flows
$92,000/ $24,000 = 3.83 years
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Answer:
Explanation: Volumetric energy density is the calculation of how much energy is contained in a system compared to its volume expressed in Megajoules per liter.
Listed below are transport fuels from lowest to highest:
1. Compressed natural gas - 9MJ/L
2. Ethanol - 24MJ/L
3. Gasoline - 34.2 MJ/L
4. Diesel - 38MJ/L
Answer:
d. workers are able to specialize in a particular task.
Explanation:
In Microeconomics, economies of scale can be defined as cost reductions or cost advantages that arises when a business entity is increases its production or are large in size.
This ultimately implies that, when an organization chooses a convenient scale of operation or reduce its scale of production, this would lead to a reduction in the cost of production and consequently, some benefits such as lower long-run average cost, increased sales, profits and lower cost price for the consumers of these finished products.
Generally, economies of scale arise when workers are able to specialize in a particular task. This is so because having a good number of professionals and experts would increase the level of production or output, as they are quite conversant with the best method of production, time management and efficiency.
The amount of interest revenue the company will recognizes: For 2021 it will be $4680, for 2022 it will be $6240, and for the 2023 it will be $4680.
What is interest revenue?
The income that an organisation receives from every investments it makes or on debt it owns is known as interest revenue. A business must record interest revenue underneath the accrual basis of accounting even if it has not yet received payment in cash for the interest as long as it has earned this same interest; this is done through an accrual journal entry. Interest revenue is only recorded under the cash basis of accounting when the entity receives a cash payment for interest.
For instance, if a business uses the accrual method of accounting, it might spend $10,000 on a certificate of deposit that yields 6% interest and generates $600 in interest income after a year.
The amount of interest revenue the company will recognizes :
2021 => $52000 × 12% × 9/12 = $4680
2022 => $52000 × 12% × 12 = $6240
2023 => $52000 × 12% × 9 /12 = $4680
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