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lidiya [134]
2 years ago
12

Rico Petricelli Industries invests $960,000 in plant assets with an estimated 10-year service life and no salvage value. These a

ssets contribute $64,000 to annual net income when depreciation is computed on a straight-line basis. Compute the payback period and explain your computation.
Business
1 answer:
Nesterboy [21]2 years ago
5 0

The payback period for this Rico Petricelli Industries' investment is 6 years.

Data and Calculations:

Cost of investment in plant assets =$960,000

Estimated useful life = 10 years

Estimated salvage value = $0

Annual depreciation = $96,000 ($960,000/10)

Annual net income = $64,000

Annual cash net inflow = $160,000 ($64,000 + $96,000)

Payback period = 6 years ($960,000/$160,000)

Thus, to compute the payback period as 6 years, add the annual depreciation to the annual net income to obtain the annual cash net inflow.  Then divide the cash outlay ($960,000) by the product above.

Learn more: brainly.com/question/17109529

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In e-business, secure web applications are one of the critical security controls that each organization must implement to reduce
Anna35 [415]

Correct/Complete Question:

In e-business, secure web applications are one of the critical security controls that each organization must implement to reduce risk. True or False

Answer:

True

Explanation:

Web application security is a branch of information in which website security, its applications and its services and content is protected.

In e-commerce (electronic commerce), websites are used to conduct business, orders, payment, deliveries, etc. Security of this website is important so as to protect the e-business firm and its customers from  various cyber-crimes like credit card phishing, personal information gathering, etc. When an e-business website is secured properly, business is done without fear by customers and also the firm itself. Examples of e-business website include walmart, amazon, bestbuy, etc.

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3 0
3 years ago
Summarize the effect of credit card interest on thermal cost of items
Mice21 [21]

Answer:

Interest Rates

<em>The first factor is the most obvious: the interest rate. Naturally, a low rate will cost you less—our numbers indicate a $10,000 balance with a 5.9% interest rate will cost $10,637 in total if paid off in 2 years.</em>

<em>That may not sound too bad, but bear in mind that 5.9% interest is extraordinarily difficult to get these days. Even people with excellent credit scores will likely pay “double digit” interest rates of over 10%. And if you’re paying a more typical 12.9% in interest on that same $10,000, you’ll pay a total of $12,797 over the same 2 years.</em>

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3 0
3 years ago
One of Christina’s colleagues works with her on developing a more standards-driven environment in her classroom. The two teacher
IceJOKER [234]

The first thing Cristina should do to create a more standards-oriented environment in her classroom is to create positive relationships with her students.

<h3 /><h3>How to create a positive educational environment?</h3>

It is necessary for the teacher to be organized according to the methodologies required by the institutional standard, as standardization generates the systematization of processes so that student learning and development occurs in a similar way, without bias, for example.

Therefore, the standardization of teaching helps in conformity, structuring and systematization, essential for the formation of relationships and educational culture favorable to social, cognitive and academic development.

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7 0
2 years ago
If a company pays an energy consultant just for a set period to complete a
Cloud [144]
This is true
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8 0
2 years ago
On January 1, 2017, Whitefeather Industries issued 300, $1,000 face value bonds. The bonds have a five-year life and pay interes
Ludmilka [50]

Answer:

$15000

Explanation:

All types of bonds have some common characteristics which include;

- A face/par value

- A coupon rate (interest rate).

- Either redeemable/irredeemable or convertible.

The face value of one bond is $1000 so the total value of 300 bonds would be $300,000 (300×$1000). In this example these are redeemable bonds which means Whitefeather Industries would be liable to payback the capital amount of bonds after five years (maturity date).

The coupon rate (i.e interest) is charged on Par value. So the Interest can be calculated as $300,000×10% = $30,000 per year.

In this question interest is payable semi-annually, therefore The amount of interest that occurs on December 31, 2017 is $15000 (For the last six months - July 1st till Dec 31st; $30000×6÷12).

4 0
3 years ago
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