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Alla [95]
3 years ago
12

Item 7 Joetz Corporation has gathered the following data on a proposed investment project (Ignore income taxes.): Investment req

uired in equipment $ 30,000 Annual cash inflows $ 6,000 Salvage value of equipment $ 0 Life of the investment 15 years Required rate of return 10 % The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment. The payback period for the investment is:
Business
1 answer:
Brut [27]3 years ago
6 0

Answer:

5 years

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period = Amount invested / cash flow

30,000 / 6,000 = 5 YEARS

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If you don't know how much you will spend in a particular category such as clothing, you should
Klio2033 [76]
Find out how much you have look at what clothing you need then look for the best prices and try to find some discounts so you can save some money so just maby you can get another product with the money you saved.

6 0
3 years ago
At her job of grooming horses, Polly Yaskovich worked 8 hours a day on Monday and Tuesday earning $67 each day. On Wednesday, sh
PSYCHO15rus [73]

Answer:

Your answer is that she needs to earn $148 on Friday

Explanation:

Calculate Average:

(67 + 82 + 78) / 4 = 56.75    (Remember 67 is worth Monday and Tuesday)

We know that the number that the 4 numbers add up to has to be divisible by 5 because our we need to average 75 and we have 5 days to average on.

5 x 75 = 375

67 + 82 + 78 = 227

375 - 227 = 148

(67+82+78+148) / 5 = 75

Your answer is that she needs to earn $148 on Friday

3 0
3 years ago
Why do you think that decorum and business etiquette play as essential components of business ethics and social responsibility
Delicious77 [7]

Proper decorum and good business etiquettes are essential components of business ethics and social responsibility because they:

  1. Create a professional atmosphere
  2. Improve communication
  3. Make a workplace productive
  4. Enhance workers' respect and dignity
  5. Improve customer and suppliers relationships.

<h3>What are business ethics and social responsibility?</h3>

Business ethics deal with the appropriate business policies and practices that ensure the observance of ethical principles.  They ensure that moral or ethical problems do not arise in a business environment.

Social responsibility refers to the cooperation that should exist among individuals and organizations for the benefit of the community.

Thus, Proper decorum and good business etiquettes remain essential components of business ethics and social responsibility.

Learn more about business ethics and social responsibility at brainly.com/question/25704651

4 0
2 years ago
Splish Company provides the following information about its defined benefit pension plan for the year 2017. Service cost $110,00
kipiarov [429]

Answer: $155,520

Explanation:

Pension Expense = Service Cost - Expected return on plan assets + Prior service cost amortization + Interest cost

Interest Cost

= Interest rate * Projected benefit obligation

= 0.09 * 728,000

= $65,520

Pension Expense = 110,000 - 30,000 + 10,000 + 65,520

= $155,520

3 0
3 years ago
Veronica is thinking about getting a prepaid debit card. She has made a list of good reasons to get the card. What reason should
Anna [14]
Going out to buy things that she doesn't need in life<span />
3 0
3 years ago
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