Read the passage, and then decide if each statement is true or false.
The doffers worked only part of every hour.
Everyone except the doffers had to work fourteen hours a day.
It took many years for working hours to be shortened.

Answers

Answer 1

In the given passage, the first statement is true, the second statement is false, and third statement is true.

Passage refers to a portion or section of a written work, which may be fiction or nonfiction. A passage can be as short as a sentence, but generally in most cases it consists of at least one paragraph and usually several. A passage refers to an extract from a text, novel, story or even a paragraph. Based on the given passage, the statement the doffers worked only part of every hour is true as they worked fifteen minutes every hour; the statement everyone except the doffers had to work fourteen hours a day is false as they have one half-hour break; and statement it took many years for working hours to be shortened is true as they hour reduced after several years due to ten-hour law.

Note: The question is incomplete as it is missing the passage which is:  [The doffers] worked about fifteen minutes every hour and the rest of the time was their own. … The working hours of all the girls extended from five o'clock in the morning until seven in the evening, with one half-hour each, for breakfast and dinner. Even the doffers were forced to be on duty nearly fourteen hours a day. This was the greatest hardship in the lives of these children. Several years later a ten-hour law was passed, but not until long after some of these little doffers were old enough to … plead … for a reduction of the hours of labor.

Learn more about Passage:

https://brainly.com/question/12555695

#SPJ4

Answer 2

Answer: true false rue

Explanation:

jus did it


Related Questions

What is holistic market?

Answers

Answer:

Holistic marketing is a business marketing philosophy which considers business and all its parts as one single entity and gives a shared purpose to every activity and person related to that business.

Explanation:

The purchase of a house, property, or land is called a
OA. money market
B. real estate
C. pooled
D. hedge fund
investment.

Answers

Answer:

it is real estate which is

Explanation:

Real estate is defined as the land and any permanent structures, like a home, or improvements attached to the land, whether natural or man-made. Real estate is a form of real property

B. real estate

The purchase of a house, property, or land is called real estate. Real estate refers to land and any physical property or improvements affixed to the land, such as houses, buildings, fences, and bridges. The term is commonly used in the context of buying, selling, or renting properties for residential, commercial, or industrial use. Therefore, option B is the correct answer. Options A, C, and D do not accurately describe the purchase of real estate.

The Case: The hairdressing industry in Pakistan is flourishing day by day. There are certainly lots of hairdressers and each of the hairdressers has a slightly different type of skill. Some salons only cut, some only provide color services, some only do natural hair, some do all types, etc. Also, they have different premises situated in a different location where they provide the services. The prices offered by the hairdresser depend on the services offered by them and its uniqueness. If the particular hairdresser is known for providing the best services in the particular market then he can increase the prices of his services as he knows that consumers can pay slightly more amount of money for his superior services. There is relatively a low barrier for entry and exit for setting up a new hairdresser shop. Requirement: Read the above scenario and explain in which market structure ‘the hairdressing industry’ falls and how?

Answers

Answer:

The Hairdressing Industry in Pakistan

The market structure of "the hairdressing industry" falls under Monopolistic Competition.  The features of this market structure include: many hairdresser shops, low barriers for entry and exit for setting up a new hairdresser shop, the hairdressing services are not perfect substitutes, and the pricing decisions of any one shop do not impact others.

Explanation:

In a monopolistic competition, each firm is differentiated from others by distinct goods and services.  This situation is enhanced in a services industry, where different skills are employed to further differentiate each firm's services from the others. While the products and services may look similar, one cannot actually substitute one for the other.  Therefore, each firm can charge different prices for their distinct products and services without being influenced by the other firms, unless through a cartel arrangement.

Lynda is teaching her client proper workflow

Answers

Answer:

The correct option is (A) Purchase order > Pay bill

Explanation:

Since in the given scenario, it is mentioned tha lynda is teaching her customer so the proper workflow would be purchase order and after that pay bill

As the vendor is the person who engage in the process of the supply chain for making the products so for this the vendor would charge the amount

Here the purchase order means the order that issued to the vendor in which the desciption of the product is mentioned in terms of type, quantity and agreed price

And, the payment would be made when the goods are received physically

So, the correct option is (A) Purchase order > Pay bill

Lynda is teaching her client proper workflow

Which statements are true (for a firm without non-operating income or expenses)? EBIT _____.
a. is the same as operating income
b. is the same as net sales
c. is the same as net income
d. does not include interest payments

Answers

Answer: a. is the same as operating income

d. does not include interest payments

Explanation:

The earnings before interest and taxes(EBIT) is used to measure the profit of a firm which has to do with all the incomes and the expenses that the firm makes except the income tax and the interest expenses.

It should be noted that EBIT is not the same as the net sales as it involves operating costs. Also, EBIT is higher than the net income.

Therefore, options A and D are the right answer.

Which of the following organizations might help you learn how to be financially literate?
A. the IRS
B. the Department of the Treasury
C. Goldman Sachs
D. The Finance Bar

Answers

The Department of the Treasury organizations might help you learn how to be financially literate. The correct option is (B).

What do you mean by the Department of the Treasury?

The Department of the Treasury manages systems that are essential to the country's financial infrastructure, including those that produce coin and currency, distribute payments to Americans, collect taxes, and borrow money needed to sustain the federal government.

Government cash flow, debt management, and accountancy. drafting and enforcing tax and tariff legislation. Internal revenue evaluation and collection. coin and money production.

In addition to advising the President on economic and financial matters, the Department is also in charge of promoting sustainable economic growth and better financial institution governance.

Therefore, the Department of the Treasury organizations might help you learn how to be financially literate.

To know more about the Department of the Treasury, visit:

https://brainly.com/question/24538705

#SPJ1

leearning task 1 give the examples of technology

Answers

Technology continues to evolve and shape our lives, transforming industries, and opening up new possibilities for innovation and growth.

Technology encompasses a wide range of tools, systems, and applications that are designed to improve efficiency, productivity, and communication in various fields. Here are some examples of technology in different areas:

1. Information Technology (IT): Examples include computers, laptops, servers, networking equipment, software applications, operating systems, databases, cloud computing, cybersecurity systems, and data storage devices.

2. Communication Technology: Examples include smartphones, landline phones, video conferencing systems, email platforms, instant messaging applications, social media platforms, VoIP (Voice over Internet Protocol) systems, and telecommunications infrastructure.

3. Transportation Technology: Examples include automobiles, airplanes, trains, ships, electric vehicles, GPS navigation systems, traffic management systems, logistics and supply chain software, and autonomous vehicles.

4. Medical Technology: Examples include medical imaging devices (X-rays, MRI machines, CT scanners), electronic health records (EHR) systems, robotic surgery systems, telemedicine platforms, wearable health monitoring devices, and medical research equipment.

5. Educational Technology: Examples include interactive whiteboards, online learning platforms, educational software, e-books, virtual reality (VR) and augmented reality (AR) tools for learning, student management systems, and distance learning platforms.

6. Renewable Energy Technology: Examples include solar panels, wind turbines, hydroelectric power systems, geothermal energy systems, biomass energy systems, energy storage solutions, and smart grid technologies.

7. Agricultural Technology: Examples include precision farming tools, automated irrigation systems, drones for crop monitoring, livestock tracking systems, genetic engineering and biotechnology in agriculture, and farm management software.

8. Entertainment Technology: Examples include streaming services, gaming consoles, virtual reality (VR) headsets, smart TVs, home theater systems, digital music players, and video editing software.

9. Financial Technology (Fintech): Examples include mobile banking apps, digital payment platforms, cryptocurrency systems, robo-advisors, online lending platforms, and blockchain technology.

10. Manufacturing Technology: Examples include robotics and automation systems, 3D printers, CNC machines, computer-aided design (CAD) software, inventory management systems, and quality control systems.

These are just a few examples of the vast array of technologies that exist today. Technology continues to evolve and shape our lives, transforming industries, and opening up new possibilities for innovation and growth.

for more such question on Technology  visit

https://brainly.com/question/31601168

#SPJ8

What are the 7 steps of a business plan?

Answers

Executive Summary

Company Description

Products and Services

Market analysis

Strategy and Implementation

Organization and Management Team

Financial plan and projections

Which measure of central tendency is affected by outliers?

Answers

The measure of central tendency that is most affected by outliers is the mean.

The mean is calculated by summing all the values in a dataset and dividing it by the number of data points. However, if there are outliers present in the dataset, which are extreme values that significantly differ from the rest of the data, they can heavily influence the mean.

Outliers have a disproportionate impact on the mean because they contribute to the sum of the values and can pull the mean towards their extreme values.

In summary, while the mean is more susceptible to the influence of outliers, the median and mode are more resistant to their impact and often provide more reliable measures of central tendency in such cases.

For such more question on tendency:

https://brainly.com/question/28346592

#SPJ8

Use for business communications only and the disallowing of the transmission of confidential business information are recommended guidelines for _______ a. Desktop configuration b. Instant messaging c. USB drives

Answers

Answer:

B

Explanation:

Use for business communications only and the disallowing of the transmission of confidential business information are recommended guidelines for Instant messaging

Which healthcare entity is best able to affect industry change?

Providers

Payers

Government

Answers

Answer:

The correct answer is the last option: Government.

Explanation:

To begin with, the federal government of the United States itself is the largest single payer of health care in the country. Only by itself the government achieves to account for more than a quarter of all the country's spending just on the healtcare industry. Therefore that the main entity that is best able to affect and influence in the industry to achieve a change on it is the federal government who can significantly shape and move the market of the healthcare. Moreover, the government can do it also by having the power of implementing policies that tend to favour or not the industry regarding what the leader are looking for.

Studying products for similarities or differences is known as ______ shopping.

-Marginal
-Comparison
-Emotional
-Research

Answers

It's a form of research to look at products from different websites, but comparison means when you are comparing two things.

My answer would be B. Comparison

Studying products for similarities or differences is known as Comparison shopping. Option B. This is further explained below.

What is Comparison shopping.?

Generally, Comparison shopping is simply a typical technique in which buyers check the prices of various things from several stores before making a purchasing choice.

In conclusion, Comparison shopping is the process of examining things for similarities and differences.

Read more about Comparison shopping https://brainly.com/question/3610890

#SPJ2

Activities would you perform as an entrepreneur?


Answers

Answer:

no. because why it make since to person as an entrepreneur

Which best describes how consumers may benefit from specialization?
Consumers can only purchase high-quality goods.
Consumers have more price options.
O Consumers receive more sale offers.
O Consumers find products at lower prices.

Answers

In specialization a company have produced the product at different price levels. Consumers have more price options.

What is consumer?

A consumer is a person who purchases the goods and or services from the business and is also the ultimate user of the products or services. In specialization the company produces a certain product at many different levels by which they have many price options available which vary according to their customization and quality that can be offered to the consumers and hence the customer can purchase different types of a single product from a single company or Brand.

Learn more about consumer at https://brainly.com/question/14579118

#SPJ1

Where can a Master Admin Accountant User view the apps connected to a client’s QuickBooks Online account from within QuickBooks Online Accountant?

Answers

Answer:

The answer is below

Explanation:

A Master Administrator is normally the individual who is tasked at establishing the company file in QuickBooks Online.

In other words, Master Admin possesses access to all portions of the company file and can grant authorizations and access to other users.

Therefore, a Master Admin Accountant User can view the apps connected to a client’s QuickBooks Online account from within QuickBooks Online Accountant by doing the following:

1. Go to Settings

2. Select Manage Users.

3. Select Accounting firms.

4. Under the Company section, Select View Apps.

Answer:

Left Navigation Bar > Apps > Client Apps

Explanation:

When you set up an informational interview, you need to think about your objectives. For one thing, you want to gain ____________
from the person that you’re interviewing to help you learn about the career field. The questions that you choose to ask will help you learn the information that interests you most. You can also ____________
which will help you have a better chance of receiving a job offer in the future. You can follow up with this individual and learn about positions that become available.

Answers

Answer:

Firsthand information, Expand your professional network

Explanation:

Plato

expalin how foreign employment contributes to spurring nation economy​

Answers

1) Country can get lots of foreign currency as the remittance which can be used to establish industries in the country. Such industries provide job opportunities in the country. 2) People who go overseas to work can learn different skills and technologies which can be beneficial for the development of our own country.

Oralia operates a lawn care service in southeastern Missouri. Oralia incurs $63,000 of expenses determining the feasibility of expanding the business to southwestern Missouri. If Oralia expands the business, the $63,000 is deductible in the current year. If Oralia does not do so, then Oralia must amortize the $63,000 over a 180-month period.True or False

Answers

The statement is false. The expenses incurred by Oralia to determine the feasibility of expanding the business are considered startup costs.

According to the IRS, startup costs are expenses incurred before the business starts operating. These expenses are considered capital expenditures and cannot be deducted in the current year. Instead, startup costs must be amortized over a 180-month period, regardless of whether the business is expanded or not. Therefore, if Oralia does not expand the business, she must still amortize the $63,000 over a 180-month period. However, if Oralia does expand the business, she may be able to deduct up to $5,000 of startup costs in the current year, with the remaining costs amortized over 180 months.

Therefore, The statement is false. The expenses incurred by Oralia to determine the feasibility of expanding the business are considered startup costs.

Learn more about feasibility here

https://brainly.com/question/14009581

#SPJ4

Sweet Life Sugar Co. sells sugar to The Creamery Ice Cream Co. for $25,000. The Creamery Ice Cream Co. uses the sugar to make pints of ice cream, selling them to consumers for a total of $100,000. These transactions contribute ________ to gross domestic product (GDP).

Answers

These transactions contribute $75,000 to gross domestic product (GDP).

Gross domestic product (GDP)

Using this formula

Gross domestic product (GDP)=Selling price-Price of sugar

Where:

Selling price=$100,000

Price of sugar=$25,000

Let plug in the formula

Gross domestic product (GDP)=$100,000-$25,000

Gross domestic product (GDP)=$75,000

Inconclusion these transactions contribute $75,000 to gross domestic product (GDP).

Learn more about GDP here:https://brainly.com/question/1383956

Discuss 6 reason why banks fail in Ghana and proffer solution to reduce banking sector from these 6 cancerous roots in your opinion​

Answers

Various reasons have been found as the source of bank failure in Ghana; 6 reasons among these several reasons include Lack of corporate governance and Bad loans.

Other reasons why banks fail in Ghana include the following:

Inefficient regulatory practicesFake licenses processLow capital basePoor credit risk.

The solution to restoring the banking sector from these six cancerous roots are following:

The Central Bank of Ghana should ensure all the banks in Ghana have a specific amount of capital to run their banking services to avoid undercapitalization.

All the banks should ensure they carry out a necessary credit risk analysis before discharging credit to customers.

The Central Bank of Ghana should make the licensing process open and fair while putting heavy sanctions on banks with fake licenses.

The Central Bank of Ghana should also check the bank operations report periodically to know if they are working under established standards.

All the Banks in Ghana should be encouraged and mandated to operate based on established corporate standards.

Banks in Ghana should always access the loan or lending operations to manage their capital very well.

Hence, in this case, the Bank's failure in Ghana can be redeemed if the proper strategies are in place.

Learn more here: https://brainly.com/question/24569908

Explain the meaning of environmental scanning. Illustrate with examples the
relevance of technological, political, economic, social, and regulatory environments
in the context of marketing strategy. How managers are involved in environmental
scanning?

Answers

Environmental scanning refers to the process of gathering and analyzing information about the external factors that can impact an organization's business environment.

Technological factors include advancements in technology, such as the rise of e-commerce, mobile applications, or automation, which can create new marketing channels or change consumer behaviors.

Political factors encompass government policies, regulations, and political stability that can impact marketing strategies. For example, changes in trade policies or regulations related to data privacy can influence international marketing activities.

Economic factors include economic conditions, such as inflation rates, exchange rates, or consumer purchasing power, which can affect consumer behavior and demand for products or services.

Social factors refer to societal trends, cultural norms, and consumer preferences that can influence marketing strategies. For instance, shifts in consumer values towards sustainability or increased focus on health and wellness can shape product development and advertising campaigns.

Regulatory factors involve laws and regulations that organizations must comply with, such as consumer protection laws or industry-specific regulations. These can impact marketing activities, advertising content, or product labeling.

Managers play a crucial role in environmental scanning. They are responsible for monitoring and analyzing the external environment, identifying relevant trends and potential opportunities, and making informed decisions based on the insights gained.

For more such question on gathering visit:

https://brainly.com/question/30615397

#SPJ8

Need help with some questions

Answers

Answer:

8

Explanation:

ph is cool watch it

The operating budget provides a roadmap for financial plans for a short-term, future period. What is a typical “future period” for an operating budget?

Answers

An operating budget is a financial statement that outlines the organization's expenditures and revenues for a specific period.

The operating budget is typically for a fiscal year, which is usually twelve months. The future period for an operating budget is usually a fiscal year or less than a year. The operating budget is critical because it establishes guidelines for financial activities and operations in an organization. It provides a roadmap for financial plans for a short-term, future period, which typically begins on January 1st and ends on December 31st.

An organization creates an operating budget to aid in the allocation of resources and expenditures to achieve its objectives for a given period. A typical operating budget is for a fiscal year. A fiscal year is the period when an organization prepares its financial statements. It is usually 12 months, but it may be shorter or longer depending on the organization. An operating budget typically covers one fiscal year; however, it may be longer or shorter based on the organization's preferences.

The future period for an operating budget is frequently updated to reflect the company's current situation and financial standing. It takes into account the actual results of the previous period and the estimated expenditures and revenues for the upcoming year to develop the operating budget for a future period.

Know more about Operating budget here:

https://brainly.com/question/30766715

#SPJ8

Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?

Answers

The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.

How to find the manufacturing costs ?

Direct materials (Assembly + Testing & Packaging) = $375 + $39

= $414

Direct labor (Assembly + Testing & Packaging) = $168 + $84

= $252

Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126

= $442

Total manufacturing cost = $414 + $252 + $442

= $1110

Unit product cost = Total manufacturing cost / Number of units

= $1110 / 10

= $111.00

Find out more on manufacturing costs at https://brainly.com/question/24171150

#SPJ1

Consider the following BPMN diagram:

Consider the following BPMN diagram:
Consider the following BPMN diagram:

Answers

If we look at the process model, we can see that Task A is the first task and must always be completed in order for the model to be run. Further observation reveals that because an exclusive gateway is employed, any of the two jobs, B and C, is carried out individually rather than simultaneously. As we continue to move through the BPMN diagram, we see that task M is the conversing task and is therefore always run along with a networks message flow from it to task F, which is done as soon as a message is received in pool 2 and finishes.

An item of networking hardware or software called a gateway is used in telecommunications networks to allow data to go from one distinct network to another.

The way that gateway differ from routers and switches is that they can join various networks using more than one protocol to communicate and that they can function at any of the seven OSI levels.

Learn more about gateway , from :

brainly.com/question/31847202

#SPJ1

A promissory note can best be described as __________., a. an interest-bearing IOU, b. a guarantee of a line of credit, c. a commitment to lend money to someone, d. a government-backed bond

Answers

A promissory note can best be described as: a. an interest-bearing IOU.

What is promissory note?

Promissory note can be defined as a written note that help to shows that a person who lend a money from another person  promise to payback. The note contains  a promise by the borrower to pay back the lender within a stipulated period of time.

A promissory note can tend to be described as IOU which full meaning is I OWE YOU which implies that a borrower is telling the lender that he/she owe the lender some certain amount of money which  the borrower will have to payback.

A promissory note also contains the terms and conditions of the agreement  and this terms and agreement includes the following :

The principal amountThe loan maturity dateThe interest  etc

Therefore we can conclude that the correct option is A.

Learn more about promissory note here:https://brainly.com/question/27132271

#SPJ1

Exercise 12.7 Cash dividends, stock dividends, and share splits L.O. 4

Answers

Answer:

Exercise 12.7 Cash dividends, stock dividends, and share splits L.O. 4

On average, our representatives enroll one customer every 3 hours, while top performers make one sale per hour. How would you plan your workweek to maximize your earnings?*​

Answers

Plan your workweek to maximize your earnings Identify peak sales hours, Set ambitious goals, Allocate more time during high-performance hours, Continuous improvement, Efficient time management, Develop strong customer relationships, and Continuous learning.

To maximize earnings in this scenario, it is important to strategically plan the workweek and focus on increasing the number of customer enrollments. Here is a potential plan to maximize earnings:

1. Identify peak sales hours: Analyze the data and determine the hours or time slots when sales are most likely to occur. This could be based on historical data or observations of customer behavior. Allocate more time during these peak hours to capitalize on potential sales opportunities.

2. Set ambitious goals: Aim to achieve or exceed the performance of top performers by setting ambitious sales goals. This mindset will drive motivation and focus throughout the workweek.

3. Allocate more time during high-performance hours: Dedicate a larger portion of the workweek to the hours when top performers make one sale per hour. By increasing the number of hours during these periods, there is a higher likelihood of securing more customer enrollments.

4. Continuous improvement: Regularly analyze and reflect on sales techniques and strategies. Identify areas for improvement and seek ways to refine your approach. This could involve studying successful sales tactics, attending sales training sessions, or seeking feedback from experienced colleagues or mentors.

5. Efficient time management: Optimize time management skills to ensure productivity during working hours. Eliminate distractions, prioritize tasks, and maintain a focused and organized work environment. This will help maximize the number of customer interactions and increase the chances of securing enrollments.

6. Develop strong customer relationships: Emphasize building rapport and establishing strong connections with potential customers. Focus on active listening, understanding their needs, and providing personalized solutions. By developing trust and fostering positive relationships, the likelihood of successful enrollments can increase.

7. Continuous learning: Stay updated on industry trends, product knowledge, and competitor offerings. This will enable you to effectively address customer inquiries, overcome objections, and provide value-added insights during sales interactions.

By implementing these strategies, planning the workweek to prioritize peak sales hours, setting ambitious goals, improving sales techniques, and managing time efficiently, you can increase the likelihood of maximizing earnings by securing a higher number of customer enrollments.

Know more about Strategically plan here:

https://brainly.com/question/29841727

#SPJ8

Select two ways of becoming a business owner. Compare the advantages and disadvantages and decide which of the two you would prefer.

Answers


Two ways of becoming a business owner are starting a business from scratch and buying an existing business.

Starting a business from scratch:
Advantages:

Freedom to make all the decisions about the business.
Ability to create a unique product or service.
No existing debt or liabilities.
Ability to control the company culture and hiring practices.
Flexibility to adjust the business model and pivot when necessary.
Disadvantages:

High risk and uncertainty in the early stages.
Significant time and effort required to establish the business.
Need to build a customer base from scratch.
Difficulty in obtaining financing without a proven track record.
Limited resources and expertise in some areas.
Buying an existing business:
Advantages:

Established customer base, products or services, and brand recognition.
Existing cash flow and revenue stream.
Existing staff and management in place.
Access to existing supplier and customer relationships.
Proven business model and historical financial data.
Disadvantages:

Possibility of inheriting existing debt and liabilities.
Need to adjust to the existing company culture and processes.
Potentially overpaying for the business.
Difficulty in making significant changes to the business model or culture.
Potential hidden problems or issues with the business.

Pappy’s Potato has come up with a new product, the Potato Pet (they are freeze-dried to last longer). Pappy’s paid $120,000 for a marketing survey to determine the viability of the product. It is felt that Potato Pet will generate sales of $835,000 per year. The fixed costs associated with this will be $204,000 per year, and variable costs will amount to 20 percent of sales. The equipment necessary for production of the Potato Pet will cost $865,000 and will be depreciated in a straight-line manner for the 4 years of the product life (as with all fads, it is felt the sales will end quickly). This is the only initial cost for the production. Pappy’s has a tax rate of 23 percent and a required return of 13 percent. Calculate the payback period, NPV, and IRR. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter your IRR answer as a percent.)

Answers

Answer:

NPV: $84,659.21

Payback Period: less than 1 year

IRR: 32.17%

Explanation:

To calculate the payback period, we need to find out how long it will take to recover the initial investment of $120,000. We will do this by calculating the annual cash flows until the initial investment is fully recovered.

First, let's calculate the annual cash flows for each year:

Year 0:

-Initial investment: -$120,000

Year 1:

-Sales: $835,000

-Variable costs: $167,000 (20% of sales)

-Fixed costs: $204,000

-Depreciation: $216,250 ($865,000 / 4 years)

-EBT (Earnings before taxes): $247,750 ($835,000 - $167,000 - $204,000 - $216,250)

-Taxes: $56,972 (23% of $247,750)

-Net Income: $190,778 ($247,750 - $56,972)

-Annual Cash Flow: $311,028 ($190,778 + $120,000)

Year 2:

-Sales: $835,000

-Variable costs: $167,000

-Fixed costs: $204,000

-Depreciation: $216,250

-EBT: $247,750

-Taxes: $56,972

-Net Income: $190,778

-Annual Cash Flow: $311,028

Year 3:

-Sales: $835,000

-Variable costs: $167,000

-Fixed costs: $204,000

-Depreciation: $216,250

-EBT: $247,750

-Taxes: $56,972

-Net Income: $190,778

-Annual Cash Flow: $311,028

Year 4:

-Sales: $835,000

-Variable costs: $167,000

-Fixed costs: $204,000

-Depreciation: $216,250

-EBT: $247,750

-Taxes: $56,972

-Net Income: $190,778

-Annual Cash Flow: $311,028

The total cash inflow for the four years is $1,244,112 ($311,028 x 4 years). The payback period is the time it takes to recover the initial investment, which in this case is less than one year (around 0.39 years). Therefore, the payback period for this project is less than one year.

To calculate the NPV, we need to discount the annual cash flows to their present value using the required rate of return of 13%. The formula for NPV is:

NPV = -Initial Investment + (CF1 / (1+r)^1) + (CF2 / (1+r)^2) + ... + (CFn / (1+r)^n)

where CF is the annual cash flow, r is the required rate of return, and n is the number of years.

Substituting the values, we get:

NPV = -$120,000 + ($311,028 / 1.13^1) + ($311,028 / 1.13^2) + ($311,028 / 1.13^3) + ($311,028 / 1.13^4)

NPV = $84,659.21

Therefore, the NPV of the project is $84,659.21.

To calculate the IRR, we need to find the discount rate that makes the NPV equal to zero. We can do this using trial and error or by using the IRR function in Excel. Using Excel, we can calculate the IRR as 32.17%.

With an NPV of $304,883.82 and an IRR of around 19.47%, the Potato Pet project has a payback period of roughly 2.75 years. These findings imply that Pappy's Potato should take the project into consideration as it is anticipated to provide a profit.

What is the payback method and payback period?

The payback method calculates the amount of time needed to "payback" or repay the initial expenditure. The time it takes for an investment to create enough cash revenues to cover its associated financial outflow(s), usually expressed in years, is known as the payback period.

To calculate the payback period, we need to determine how long it will take for the project to generate enough cash inflows to recover the initial investment of $985,000 ($120,000 + $865,000).

we need to calculate the annual cash inflows:

Annual sales revenue = $835,000

Variable costs = 20% of sales = $167,000

Fixed costs = $204,000

Operating income before depreciation and taxes = $464,000 ($835,000 - $167,000 - $204,000)

Depreciation = $865,000 / 4 = $216,250

Taxable income = $247,750 ($464,000 - $216,250)

Taxes = $56,983 ($247,750 x 0.23)

Net income = $190,767 ($247,750 - $56,983)

Annual cash inflows = Net income + Depreciation = $407,017 ($190,767 + $216,250)

Now, we can calculate the payback period:

Year 1 cash inflows = $407,017

Cumulative cash inflows after Year 1 = $407,017

Year 2 cash inflows = $407,017

Cumulative cash inflows after Year 2 = $814,154

Year 3 cash inflows = $407,017

Cumulative cash inflows after Year 3 = $1,221,231

Year 4 cash inflows = $407,017

Cumulative cash inflows after Year 4 = $1,628,308

The payback period is between Year 3 and Year 4, as the cumulative cash inflows exceed the initial investment of $985,000 in Year 3 and total $1,221,231. The payback period is approximately 2.75 years (or 2 years and 9 months).

To calculate the NPV, we need to discount the annual cash inflows at the required rate of return of 13%.

Year 1 PV factor = 1 / (1 + 0.13)^1 = 0.885

Year 2 PV factor = 1 / (1 + 0.13)^2 = 0.783

Year 3 PV factor = 1 / (1 + 0.13)^3 = 0.693

Year 4 PV factor = 1 / (1 + 0.13)^4 = 0.613

NPV = ($407,017 x 0.885) + ($407,017 x 0.783) + ($407,017 x 0.693) + ($407,017 x 0.613) - $985,000

NPV = $304,883.82

The NPV is positive, which indicates that the project is expected to generate a return that exceeds the required return of 13%.

To calculate the IRR, we need to find the discount rate that results in an NPV of zero. We can use a financial calculator or Excel to do this. The IRR for this project is approximately 19.47%.

Learn more about the payback method here:

https://brainly.com/question/31729142

#SPJ2

Other Questions
g how latitude and longitude on earth are similar to declination and right ascension in the sky. How did republican motherhood change from the 18th century to the 19th century in the united states?. Can tar and QRS be proven congruent by SAS? Evaluate: (4x)2 when x = 3 the _______________is what the writer presents first by laying down his or her primary argument about an important subject. Discuss meaning - form links Which statement is an accurate description of the U.S. Constitution?A. It named George Washington as the new country's president-for-life.B. It proclaimed that we the people are the source of the basic law of the land.C. It established a federal government with two branches of power.D. It was copied almost word for word from the French Constitution. 5. If p-p-16 then 3p-7= uh i just need to know what to say 33. All the following are off-the-job training techniques except:A. vestibule training.B. simulation.C. apprenticeships.D. self-study.E. role-playing. PLEASE HELP!!!!,,,,,, QUESTION 46 Which of the following is/are true regarding somatic radiation effects? O a. Occur only in the individual who is exposed to radiation O b. Include radiation caries O c. Both statements are true O d. Neither statement is true QUESTION 47 Cone cutting has occurred on the coronal portion of a mandibular anterior PA image. How will the operator correct this error? O Move the image receptor (sensor) more inferiorly O In crease the exposure setting. O Move the image receptor (sensor) more superiorly. O Move the PID to completely cover the image receptor (sensor) Following World War I, European countries were forced to concentrate their resources on rebuilding their countries. However, the U.S. actually enjoyed a brief period of economic prosperity. During this time, the U.S. loaned money to many countries. What did this short period of economic prosperity allow the U.S. to do? a) exert authority as a world power b) practice international trade violations c) negotiate the fall of the Empire of Japan d) take over Germany he newly synthesized drug called numb3caine contains an amine group, an aromatic group, and an ester linkage. hydrolysis of which moiety would be expected to terminate the action of the drug? If z varies inversely as w and z=20 when w=0.7 find z when w=20 disorders that begin early in life and remain with the individual throughout life are known as developmental disorders. true or false . Mr. Jargon, the gold seller, ordered 2500 grams of silver, .80 kilograms of brass, and 1700 grams of copper. How many kilograms of metal did she order in all? _______ kilograms we have a list of marital statuses of all fsu faculty members. which of the following graphs can be used to display this information? group of answer choices The act of sharing information is _____.a skill taught when a student reaches high schoolcommunicationno longer done in persontechnology Melanie has saved 2200 cents from selling lemonade. How many dollars does Melanie have?