Pay Back Period is a capital budgeting technique which shows the period at which the initial investment is returned in a project.
Payback Period = A + (B ÷ C)
In the above formula,
A is the last period with a negative cumulative cash flow = 2 Years;
B is the absolute value of cumulative cash flow at the end of the period A = $3,400;
C is the total cash flow during the period after A
= $3,600
Payback period = 2 + ( $3,400 ÷ $3,600)
= 2 + 0.9444
= 2.944 years
Therefore, the payback period is 2.944 years.
*Note: The image attach shows the calculation of Cumulative cash flows)
Answer:
The answer is: D) raise the price, reduce the quantity, increase total revenues, and increase crime.
Explanation:
According to the law of supply and demand, when the supply of any given product is artificially lowered, the supply curve will shift:
- this will cause the price of that product to increase
- the profit margin of the suppliers will increase, increasing total revenue
- since illegal drugs would increase in crime, we can expect an increase in the crime rate on drug related crimes (e.g. addicts robbing).
Answer:
d. $192,000
Explanation:
The computation of the supervisory wages and factory supplies not be assigned is shown below:
= Supervisory wages × other percentage + factory supplies × other wages
= $780,000 × 10% + $380,000 × 30%
= $78,000 + $114,000
= $192,000
Hence, the correct option is d. $192,000
All other information i.e given in the question is not relevant Hence, ignored it
There is no incentive for firms to enter or exit the industry in the long run when there is a competitive equilibrium or perfect competition. Perfect competition is when the market price of an item is controlled by the buyers and the sellers. There are tons of people wanting to buy and selling similar products and the are all equally fighting for the same target market.
Answer:
D. Accession
Explanation:
Mike gained the property through acession because Sandy's tire was attached to his car so he gained the tire.
