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3 years ago

X-treme Vitamin Company is considering two investments, both of which cost $22,000. The cash flows are as follows:

Business

1 answer:

lukranit [14]3 years ago

8 0

Answer:

0.88 years

1 year

Explanation:

Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.

For project A:

Amount invested = $-22,000

Amount recovered in year 1 = $-22,000 + $25,000 =$-3000

The amount invested is recovered In 22,000 / $25,000 = 0.88 years

For project B:

Amount invested = $-22,000

Amount recovered in year 1 = $-22,000 + $22,000 = 0

The amount invested is recovered in a year

I hope my answer helps you

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Ralph Lauren: Accounts receivable turnover and number of days' sales in receivables Ralph Lauren Corporation designs, markets, a

SVETLANKA909090 [29]

<em>MISSING INFORMATION:</em>

concept // Year 2 // Year 1

Sales 7,620 7,450

Account Receivables 655 588

Answer:

Yes, there is. The days to collect increase by 4.16 to 29.77 from 26.61

Which is a bad sing as the company delays more to collect form their customers

Explanation:

Account Receivable turnover:

Average receivable:

(458 + 588 ) / 2 = 523

7,450 / 523 = 14.25

Days to collect: 365 / 14.25 = 25,61

Second Year:

Average receivable: (655 + 588) / 2 = 621.5

Turnover: 7,620 / 621.5 = 12.26

Days to collect: 365 / 12.26 = 29,77

29.77 - 25.61 = 4.16

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3 years ago

Fred owns a small manufacturing plant. His friend Paul also owns a manufacturing plant and has talked to Fred about issues he ha

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Answer: The correct answer is "a. You may have to tell your accountant to conduct reconciliations to ensure that the rates in the system make sense when compared to actual rates.".

Explanation: Paul should surely recommend that your accountant verify the rates applied in the accounting system have reliability and are correctly related to the actual rates and if not, perform the necessary reconciliations.

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3 years ago

Eggs, toilet paper, and candy bars are examples of what kind of good?

lawyer [7]

Its convenience goods

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4 years ago

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Pratte Boat Wash's cost formula for its cleaning equipment and supplies is $2,600 per month plus $51 per boat. For the month of

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Answer:

The Correct answer is $85 U.

Explanation:

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Planned Spending in cleaning equipment and supplies in April = $2600 + $51 × 15 boat = $ 3365

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3 years ago

One of the goals of the Federal Reserve is price stability. For the Fed to achieve this goal,

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Answer:

The correct answer is option C.

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So in order to acheive the goal of price stability, the rate of inflation should be low such as 1-3% and it should be consistent.

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