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denis23 [38]
3 years ago
10

If an asset costs $132000 and is expected to have a $22000 salvage value at the end of its 10-year life, and generates annual ne

t cash inflows of $22000 each year, the cash payback period is:_______.
a. 5 years.
b. 6 years.
c. 7 years.
d. 4 years.
Business
1 answer:
SIZIF [17.4K]3 years ago
6 0

Answer:

b. 6 years.

Explanation:

The cash payback period is the length of time it takes for the future cash flows to equal the amount invested in a project.

where, Amount Invested  = Sum of Cash flows

therefore,

$132000 = $22000 + $22000 + $22000+ $22000 + $22000 + $22000

thus,

It takes 6 years for cashflows to equal $132000.

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A friend asks you what sort of interest-simple or compound- is better. What would your answer be, and why?
Bas_tet [7]

Answer:

Compound interest is better than simple interest

Explanation:

Compound interest is better than simple interest especially when it comes to investing. Funds grow at a faster rate in compound interest than simple interest.

Simple interest is the interest on only the principal while compound interest is the interest on principal and on the previous accumulated interest (that is, interest on interest).

The formula for simple interest is:

P x r x t

Where P is the principal

r is the interest rate

t in the time.

For compound interest:

A=P(1+r/n)^nt.

A is the amount after compounding.

P is the principal.

r is the interest rate

n is the number of times interest compounds(adds up) per year

t is the number of years.

3 0
3 years ago
From the following list of selected items taken from the records of Rosewood Appliance Service as of a specific date, identify t
elena55 [62]

Answer:

Explanation:

We summarize the assets and liabilities in the classified balance sheet into various types Like assets are divided into fixed assets, current assets, and intangible assets.

Liabilities are likewise divided into current liabilities, long-term liabilities The accounting equation is used in any balance sheet which means

Total assets = Total liabilities + shareholder equity

So, the accounts which are appeared on the balance sheet are shown below:

1. Accounts Payable = Current liabilities

2. Accounts Receivable = Current assets

3. Andrew King, Capital = Stockholder equity

4. Cash = Current assets

5. Land = Fixed assets

6. Supplies = Current assets

7. Wages Payable  = Current liabilities

All other are related to the income statement. Therefore, ignored it

4 0
3 years ago
What did launching the birthday cake oreo tell nabisco about the market?
sveta [45]

Answer:

It gives the child more protection so like say we didn't have seat belts then you got into a car accident then you would fly forward and if you had a seatbelt it wouldn't make you fly forward.

Explanation:

3 0
3 years ago
Read 2 more answers
The following financial information is presented for three different companies. Determine the missing amounts.
Leto [7]

Answer:

Note: <em>The organized question is attached</em>

<em />

d. Net income = Income from operating - Other expenses and losses

Net income = $15,000 - $4,000

Net income = $11.000

f. Gross profit - Sales - Cost of goods sold

$38,000 = $95,000 - Cost of goods sold

Cost of goods sold = $95,000 - $38,000

Cost of goods sold = $57,000

h. Income from operations = Net income - Other expenses and losses

Income from operations = $11,000 + $7,000

Income from operations = $18,000

g. Income from operations = Gross profit - Operating expenses

$18,000 = $38,000 - Operating expenses

Operating expenses = $38,000 - $18,000

Operating expenses = $20,000

7 0
3 years ago
Santos International is a beauty salon in Texas. The salon is conveniently located in mid-town, and there is plenty of parking.
Marta_Voda [28]

Answer: d. By choosing the right distribution channel.

Explanation:

In order for Santos to benefit effectively from the services they offer, they need to select the right distribution channel that will ensure that their products and services get to their customers in such a way that the customers are able to utilize these services.

They need to research the various distribution channels available to them and then based on the unique circumstances of their customers, decide which one would be best to ensure maximum reach to their customer base.

5 0
2 years ago
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