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Alexeev081 [22]
4 years ago
14

"Rihanna Company is considering purchasing new equipment for $379,200. It is expected that the equipment will produce net annual

cash flows of $48,000 over its 10-year useful life. Annual depreciation will be $37,920. Compute the cash payback period. (Round answer to 1 decimal place, e.g. 10.5.)"
Business
1 answer:
GrogVix [38]4 years ago
7 0

Answer:

Cash payback period is 7.9 years

Explanation:

Payback period = Initial investment / Cash inflow per period

=$379,200 / $48,000

=7.9 years

Thus, the cash payback period is 7.9 years.

Note: It is assumed that the net annual cash flows are after considering the annual depreciation.

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The first two traditional project phases (concept and development) focus on planning, and are often referred to as _____. a. pro
raketka [301]

Answer:

Project feasibility.

Explanation:

Project feasibility is an analysis of how viable a project is and considering technical and legal feasibility of a project. Also it looks at the economic justification of the project. Is it profitable for the business to undertake the project?

Project feasibility tells one of a project is worth doing or if it is doable.

Concept or the idea and development phase focus are part of the project feasibility stage. Where ideas are analysed to see their viability and developed.

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3 years ago
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3 0
4 years ago
Depreciation: Is the process of allocating to expense the cost of a plant asset. Measures the decline in market value of an asse
Bess [88]

Answer:

A. Is the process of allocating to expense the cost of a plant asset.

Explanation:

Depreciation can be defined as a process in which the monetary or financial value with respect to an asset decrease or falls over time as a result of wear and tear.

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7 0
3 years ago
A survey of 50 retail stores revealed that the average price of a microwave was $375, with a sample standard deviation of $20. A
g100num [7]

Answer:

(D) $369.31 to $380.69

Explanation:

The formula is x ± t (s/√n)

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375 ± 2.010 (20/√50)

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8 0
4 years ago
Piper Technology's fixed costs are $1,500,000, the unit selling price is $250, and the unit variable costs are $130. What is the
sweet-ann [11.9K]

Answer:

141,667 units

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3 years ago
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