It is good to have interview experience.
It is good to accept an interview for a promotion because it is beneficial to get interview experience. You will become more comfortable in an interview and it will help you be better prepared for future interviews.
Answer:
The cash payback period is 8.9 years.
Explanation:
This can be calculated using the following formula:
Cash payback period = Equipment cost / Annual net cash inflows ...............(1)
Where;
Equipment cost = $578,500
Net annual cash flows = $65,000
Substituting the values into equation (1), we have:
Cash payback period = $578,500 / $65,000
Cash payback period = 8.9 years
Note that the net annual cash flows is obtained after the annual cash ouflows is deducted from the annual cash inflows. Since annual depreciation is already part of the annual cash outflows, there is no need to consider it again in our calculation.
Your answer is:
It is too difficult to compete with major retailers like Target and Best Buy.
When a lot of people buy things from a store, there is a lot of turbulence in many stores, espeically in big retailers. The answer will be It is too difficult to compete with major retailers like Target and Best Buy.
Best of Luck!
You can make purchases even when you don't have cash