Answer:
A & C are correct
Explanation:
Payback period is a capital budgeting technique used to determine the number of years it would take a project cash inflows to fully recover the initial amount invested. Since it involves basic addition of subsequent expected cash inflows to determine at what point in time the balance changes from negative to positive ,regular payback period does not take into account the time value of money.
Additionally, payback period determination ignores future cashflows after the balance has changed from negative to positive. Due to this reason, it does not take into account the project's entire life.
Answer:
1)
Net working capital = Current assets - current liabilities
2,135 = Current assets - 5,320
Current assets = 7,455
Current ratio = Current assets / current liabilities
Current ratio = 7,455 / 5,320
Current ratio = 1.40
2)
Quick ratio = (Current assets - inventory) / current liabilities
Quick ratio = (7,455 - 2,470) / 5,320
Quick ratio = 0.94
Answer:
Please consider the following explanation.
Explanation:
Bob is correct in this case as Penny didn't make a claim that the goods were non-conforming. Penny is incorrect. Since there was no claim of non conformance, Bob doesn't have to refund the $3.000.
