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marta [7]
2 years ago
13

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

useful life of 4 years with no salvage value at the end of the 4 years. Ataxia internal rate of return on this equipment is 6%. Ataxia discount rate is also 6%. The payback period on this equipment is closest to (Ignore income taxes.):
Business
1 answer:
Marrrta [24]2 years ago
8 0

Answer: 3.47 years

Explanation:

Payback Period on an investment can be calculated as:

= Cost of investment / Net annual cash inflow

The internal rate of return is the rate that equates the Cost of investment to the annual net cash inflow. This means that if you were to solve for the IRR factor, the formula would be:

= Cost of investment /Net annual cash inflow

Notice how the formulas are the same.

The factor for IRR is therefore the Payback period.

Using your Present value of an Annuity Factor table therefore, find the Factor for the IRR rate of 6% and 4 years.

= 3.4651

= 3.47 years

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If the supply of a product increases, then we would expect equilibrium pricea.to increase and equilibrium quantity to decrease.
azamat

Answer:

The correct answer is option d.

Explanation:

An increase in the supply of a product will cause the supply curve to shift to the right. This rightward shift will cause the demand curve and supply curve to intersect at a lower price.

This will cause the quantity demanded of the product to increase and the price of the product to decrease.

A decrease in the supply will cause the quantity demanded to decrease and price to increase.

The effect of supply increase is indicated through the given figure.

5 0
3 years ago
LO 1.1Which of the following is false regarding strategic planning?
Studentka2010 [4]

Answer:

It is the sole responsibility of supervisors.

Explanation:

Strategic planning includes setting objectives or goals and allocating resocurces to achieve set goals. The goals could be long or short term.

Strategic planning can span for years.

The strategic goals would vary from company to company because the aims and objectives of companies differ.

I hope my answer helps you.

8 0
3 years ago
You received a signed broker-to-broker transfer initiation form (TIF) from an established customer desiring to transfer a specif
almond37 [142]

Your firm must submit the transfer instruction to the carrying member through the ACATS <u>A) Immediately.</u>

<h3>What is the Automated Customer Account Transfer Service (ACATS)?</h3>

The Automated Customer Account Transfer Service (ACATS) is a standardized and automatic system sanctioned by the Financial Industry Regulatory Authority (FINRA) that transfers financial securities in customers' accounts from one brokerage firm or bank to another.

Under the FINRA's Uniform Practice Code, a customer may transfer some or all of their securities.

Thus, the FINRA's Uniform Practice Code requires that your firm <u>immediately</u> forwards the TIF to the next broker.

Learn more about Financial Industry Regulatory Authority (FINRA) at brainly.com/question/8777317

#SPJ1

<h3>Question Completion with Answer Options:</h3>

What does FINRA's Uniform Practice Code require?

A) Immediately.

B) within 1 business day.

C) within 3 business days.

D) within 2 business days.

4 0
2 years ago
If i filed my taxes on jan 31 when should i get them back.
Natali5045456 [20]
February 25th(direct deposit),March 4th(mailed check)
4 0
2 years ago
Adams Company manufactures two products. The budgeted per-unit contribution margin for each product follows: Super Supreme Sales
vagabundo [1.1K]

Answer:

Expected contribution as per sales mix = $37*0.60 + $50*0.40

= $22.20 + $20

= $42.20 per unit

Total number of products in total at break even point = Total fixed cost / Contribution per unit

= $227,880 / $42.20 per unit

= 5,400 units

How many units each of Super and Supreme must Adams sell to break even?

<u>According to sales mix:</u>

Super = 5,400 * 60% = 3,240 units

Supreme = 5,400 * 40% = 2,160 units.

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3 years ago
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