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Sveta_85 [38]
2 years ago
9

The management of L Corporation is considering a project that would require an investment of $225,000 and would last for 6 years

. The annual net operating income from the project would be $115,000, which includes depreciation of $32,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to (Ignore income taxes.):_____.
a. 1.5 years.
b. 1.6 years.
c. 1.4 years.
d. 2.0 years.
Business
1 answer:
Stolb23 [73]2 years ago
5 0

Answer:

a. 1.5 years

Explanation:

Annual net cash flow = Annual net operating income + Depreciation

Annual net cash flow = $115,000 + $32,000

Annual net cash flow = $147,000

Initial investment = $225,000

Payback period = Initial investment / Annual net cash flow

Payback period = $225,000 / $147,000

Payback period = 1.530612245

Payback period = 1.5 years

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For the quarter ended March 31, 2017, Croix Company accumulates the following sales data for its newest guitar, The Edge: $316,7
erastovalidia [21]

Answer:

Explanation:

The preparation of ta static budget report for the second quarter is shown below:

                                          CROIX COMPANY

                                         Sales Budget Report

                             For the Quarter Ended June 30, 2017

                       Second Quarter                      Year to date

Product Line  Budget  Actual  Difference  Budget  Actual  Difference

New Guitar $383,500  $387,400 $3,900    $700,200 $690,500  $9,700

                                                      Favorable                             Unfavorable

The year to date balances are computed below:

For Budget:

= $383,500 + $316,700

= $700,200

For Actual:

= $387,400 + $690,500

= 690,500

6 0
3 years ago
Simon, the CEO of a consumer electronics firm, receives a huge positive response from the industry experts and consumers for int
Anastasy [175]

Answer:

creative

Explanation:

He could either be a humble, extroverted, born or creative leader. From these options the most intuitive answer would be that he is a creative leader given that he has introduced "breakthrough technologies" in the companies products which would only be possible through a great amount of initiative and creativity.

The term "breakthrough technologies" is the key word in answering this question as it refers to innovation that has never been seen before. Thus, it would require a great deal of creativity to think of and successfully introduce and implement into a company.

7 0
3 years ago
Joey's first task as a new employee at a Technology firm is to write a computer program to perform a predictable task. Joey can
sveticcg [70]

Answer: Option A

       

Explanation: In simple words, critical thinking refers to the process under which an individual or an entity analyse and evaluate their objectives with the intent of forming a judgement for then purpose.

In the given case, joey has a wide variety of alternatives to choose to how to perform then task and the supervisor will form judgement about his work on the basis of the choices he made for the work assigned.

7 0
2 years ago
How do I answer this?
Kay [80]
D then c and then the g chord
5 0
3 years ago
Jack has 3 months more experience than jill, but jill's aptitude score is 20 points higher than jack's. who is expected to be mo
ddd [48]
<span>The predicted productivity equation is 2.0 + .5 * Experience + .2 * aptitude score . Then we can use the slope coefficients to figure this out. Jack gains .5 *.3 from his extra three months and Jill has gained from her extra 20 points on the aptitude test .2 * 20 = 4 . Then we have that 4 – 1.5 = 2.5 thus Jill is predicted to be more productive than Jack. Thus the answer is b.</span>
3 0
3 years ago
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