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Kipish [7]
3 years ago
9

A project has an initial cost of $18,400 and is expected to produce cash inflows of $7,200, $8,900, and $7,500 over the next thr

ee years, respectively. What is the discounted payback period if the required rate of return is 12 percent?

Business
1 answer:
garri49 [273]3 years ago
7 0

Answer: 2.91 years

Explanation:

The discounted payback period calculates how long it takes for the cummulative discounted cash flow to equal the amount invested.

Please check the attached image for the table explaining how the answer was gotten.

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An economy is operating with output $300 billion above its natural level, and fiscal policymakers want to close this expansionar
topjm [15]

Answer:

$120 billion

Explanation:

Economy operating at $300 billion above its natural level of output.

Marginal propensity to consume, MPC = 3/5 = 0.6

For closing this expansionary gap, the government have to decrease its spending by the amount calculated as follows:

Spending multiplier:

= 1/ (1 - MPC)

= 1/ (1 - 0.6)

= 1/ 0.4

= 2.5

Hence, the government spending reduces by

= Expansionary gap ÷ Spending multiplier

= $300 ÷ 2.5

= $120 billion

4 0
3 years ago
Partially completed units in ending work in process are 100 percent complete with regard to their direct materials costs if the
Rudik [331]

Answer:

TRUE

Explanation:

As the direct materials are introduced at the beginning of the process the only factors which are not completed are the conversion cost which are: labor cost and manufacturing overhead.

The equivalent units will be calculated using a 100% of completion in raw materials.

5 0
3 years ago
How to paraphrase this information
Bumek [7]

When paraphrasing, you must summarize the info without losing any of the key points.

You could say "Please submit your <u>budget requirements</u> for <u>major purchases </u>in order of highest <u>priority </u>to lowest priority to assist in <u>annual planning</u>."

This sentence hits all of the key elements more succinctly.

5 0
3 years ago
Christmas Timber, Inc., produces Christmas trees. The trees are produced through a cutting and pruning process. Machine maintena
seropon [69]

Answer:

Cutting = $62,020

Pruning = $16,280

Explanation:

<em>The direct method does not consider the impact of reciprocal servicing arrangement when allocating the overhead  of service centers and only allocates overhead to the production cost centers only.</em>

Allocation of Overhead

Janitorial overhead

Cutting = 6/(6+54)×   $5,000 = $500

Pruning =54/(6+54) ×  $5,000= $4,500

Maintenance overhead

Cutting = 9/(9+1)×   $7,800 = $7020

Pruning =1/(9+1) ×  $7,800= $780

Total cost of production department

Cutting = 54,500 + 500 + 7020= 62,020

Pruning department = 11,000 + 4,500 + 780 = 16,280

Cutting = $62,020

Pruning = $16,280

7 0
3 years ago
What is a union? An organization of obstetricians that collectively decides what the best practices for delivering babies should
finlep [7]

Answer:

An organization of workers that negotiates with employers, as a group, over wages and working conditions. ‌‎­‍­­‌‍​​‍​‍​‌​᠎​‌‌‍​​‌⁠​​‎‎‎‎‎‎‎‎

Explanation:

7 0
2 years ago
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