1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sveta_85 [38]
3 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]3 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

You might be interested in
The biggest factor in determining the price of a mortgage is:
kramer
Money because the more money you invest the mor you have to spend
5 0
3 years ago
An express warranty is created when a seller: makes an affirmation of fact or promise concerning the goods that becomes part of
laiz [17]

Question:

An express warranty is created when a seller:

A) makes an affirmation of fact or promise concerning the goods that becomes part of the basis of the bargain.

B) uses descriptive terms as a part of the bargaining process, but the buyer does not take it into consideration when making the purchase.

C) sells goods meant for use for ordinary purposes.

D) avoids using a sample or model as the basis for the contract.

Answer:

The correct choice is A)

An express warranty is created in the contract when a supplier makes a promise concerning the goods that the buyer can hold on to as an incentive to purchase the product.

Explanation:

For example, if a consumer buys a Laptop online, but when it arrives the item is the wrong specifications, wrong color, or is dented or damaged in anyway, an <em>express warranty</em> might entitle the consumer to a refund or replacement.

This warranty usually is stated upfront prior to or during the execution of the sales transaction.

Cheers!

4 0
3 years ago
Alex Company rents space to a tenant for $2,200, per month. The tenant currently owes two months rent, November and December. Th
kaheart [24]

Answer:

The correct answer is D

Explanation:

The journal entry which is to be posted on December 31, is as:

Rent receivable A/c............................Dr   $4,400

        Rent Earned A/c...............................Cr    $4,400

As the two months rent is not paid so the adjusting entry which is to be posted is that the rent receivable account is debited whereas the rent earned account is credited with the amount of two months rent. (which is $2,200 + $2,200 = $4,400).

5 0
3 years ago
If you wanted to compare the quantity of output of a country across time periods, which of the following would you use?
SOVA2 [1]

Answer:

the best way to compare the output in quantities over a period of times will be  (D) real GDP.

this is becasue real GDP is calculated by  adjusting for the changes in prices, therefore it does not contain any changes in the prices and only reflects the increase or decrease of the output quantities.

Explanation:

4 0
3 years ago
In 2007, Gillette saw an opportunity to capture the market of 500 million Indians who used double edge razors with no protection
rusak2 [61]

Answer:

Gillette in India

The failure of the Vector was caused by the fact that Indian men have longer and thicker hair, which the lack of earlier research in the targeted demographic segment did not discover.

Explanation:

Since Indian men have longer and thicker hair than the local consumers of Gillette's razor products in America, an earlier research would have uncovered the fact.  Thereafter, the discovery would have been incorporated into the design and production of Vector for the Indian market. No wonder, with its Mach 3 Turbo razor, Gillette overcame its initial inertia and handicap and made a success of the razor business in India.

5 0
3 years ago
Other questions:
  • Income __________ when there is zero beginning inventory and all inventory units produced are sold. will be lower under variable
    5·1 answer
  • What is the most important element of a feasibility study?
    12·1 answer
  • Janice is trying to determine what type of training should be developed for her employee Greg. Janice knows that Greg is a hands
    5·1 answer
  • The following data were taken from the financial statements of Gates Inc. for the current fiscal year. Property, plant, and equi
    12·1 answer
  • A mutual fund has total assets of 2.4 million dollars and 300,000 shares. What is the net asset value of one share of the fund?
    11·1 answer
  • Nick left his job as a plumber when his wife took a position in another region. The quantity of plumbing services demanded is co
    6·1 answer
  • A __________ represents a long-term partnership between two or more companies established to help each firm build competitive ma
    10·1 answer
  • Liz has set up a new employee with Standard user access but has unchecked the Payroll access box. Which part of QuickBooks Onlin
    7·1 answer
  • True or False : When using list pricing , list the priciest items first
    5·1 answer
  • Which reason for trade barriers is being used when the us refuses to trade with another country because they use child labor to
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!