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anastassius [24]
3 years ago
10

Payback period The Ball Shoe Company is considering an investment project that requires an initial investment of $ 544,000 and r

eturns​ after-tax cash inflows of ​$77,624 per year for 10 years. The firm has a maximum acceptable payback period of 8 years. a. Determine the payback period for this project. b. Should the company accept the​ project?
Business
1 answer:
Gnesinka [82]3 years ago
3 0

Answer:

Payback period is  7.01   years

The project should be accepted

Explanation:

The payback period is the time taken for the initial cash outlay of $544,000 to recoup itself, in other words,the length of time taken for the company to receive cash inflows equivalent to the amount invested initially.

payback period=initial capital outlay/annual after-tax cash inflows

payback period=$544,000/$77,624= 7.01   years.

It shows that the project's payback is lesser than the company's target,hence,the project should be accepted

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ExtremeBDS [4]

Answer:

The correct answer is general-purpose.

Explanation:

When it comes to general-purpose plant strategies, it allows plants to be more flexible than usual and produce a whole variety of products, instead of just focusing on one or few products. This way, plants can diversify easily and cater to their clients' needs and be far more productive and successful.

8 0
2 years ago
Phil Graves Cemetery had 63,000 shares of common stock issued and outstanding at January 1, 2021. During 2021, Graves took the f
Whitepunk [10]

Answer:

Dividends for the year $63,000

Explanation:

Phil Graves Cemetery

Jan. 1 Shares issued and outstanding 63,000

June 1 2-for-1 stock split x 2

June 1 Shares issued and outstanding 126,000

Oct. 15 Cash dividend declared (per share)x $ .50

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Therefore the amount that Graves should report as dividends is $63,000

7 0
2 years ago
High school football is arguably more popular in West Texas than in any other region of the country. During football​ season, sm
Furkat [3]

Answer:

The answer is D. All of the above are plausible

Explanation:

A. Opportunity costs are relatively low is reasonable because as football game is taking place, most of the local people will go to the field to enjoy the field rather than spending their time at local shops/restaurants. Moreover, there are not many people from other towns visiting these facilities because of far distance.

B. is reasonable because it is high school football not professional football so the expenses spent on watching the game is low.

C. is is plausible because these towns are quite remote so watching their young neighbors/relatives playing may be one of the few entertainment choices available to them in weekend.

=> So, the answer is D.

8 0
3 years ago
Technology has proliferated in Kenya and Somaliland, with text messages used to replace cash, creating mobile money use that, on
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Answer: True

Explanation:

Something that has caught the attention of many has been how electronic money has been used in countries like Kenya and Somalia. A study has confirmed that the use of mobile money has reduced poverty in places like Kenya. Mobile money is defined as money where people can make financial transactions through their phones.

This type of activity has greatly influenced poverty reduction and the high rates that occurred when people had to send money over certain distances. In countries like Somalia, there are no longer any traces of physical money, everything is virtual. In this way, the country has achieved economic stability for years. People increasingly consume through their mobile phones, making in an easier way all kind of payments.

7 0
3 years ago
Constructive conflict Multiple Choice encourages employees to re-examine their basic assumptions about a problem and its possibl
anyanavicka [17]

Answer:

encourages employees to re-examine their basic assumptions about a problem and its possible solutions.

Explanation:

Constructive conflict encourages employees to re-examine their basic assumptions about a problem and its possible solutions.

When employees working in an organization are engaged in a constructive conflict, they are able to draw from a variety of ideas, opinions and views of the other party and by extension moving the organization forward in its operations, goals, objectives and mission.

<em>Hence, a constructive conflict enhances the level of output or production in an organization rather than inhibitions of growth and development. </em>

7 0
3 years ago
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