The management of Truelove Corporation is considering a project that would require an initial investment of $321,000 and would last for 7 years. The annual net operating income from the project would be $82,000, including depreciation of $42,000. At the end of the project, the scrap value of the project's assets would be $27,000. (Ignore income taxes.)
Required:
1. Determine the payback period of the project.2. What will be an ideal response?
Answers
Answer:
2.6 years
The appropriate response to carry out the project if the payback period is within the acceptable payback period of the company
Explanation:
Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.
Payback period = amount invested / cash flow
Cash flows is used in calculating the payback period.
To derive the payback period from net income, add depreciation to net income
$82,000 + $42,000 = $124,000
$321,000 / $124,000 = 2.6 years
I hope my answer helps you
Related Questions
Explain any two (2) value chain activities that Coca-Cola makes use of.
Answers
Coca-Cola employs marketing and sales activities to create brand awareness and optimize their supply chain and manufacturing process to produce and distribute products efficiently.
Coca-Cola, one of the world's leading beverage companies, employs various value chain activities to produce and distribute its products effectively. Here are two examples of value chain activities that Coca-Cola uses
Marketing and Sales: Coca-Cola invests heavily in marketing and sales activities to create brand awareness and promote its products. They use various channels such as TV commercials, billboards, social media, and sponsorship of events to reach their target customers.
Operations: Coca-Cola has a highly efficient supply chain and manufacturing process that helps them produce and distribute their products efficiently. They have established production facilities in various regions worldwide, allowing them to produce and distribute products locally.
Overall, these value chain activities enable Coca-Cola to produce and distribute its products efficiently while maintaining the quality of its products and building brand loyalty among customers.
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6. Which of the following situation of a particular firm allows increased dividend payout ratio A. Strong capital impairment rule B. Higher possibility for external financing C. Need of additional finance in the firm D. Restrictive debt contract
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Question 10 of 20
When wili the U.S. Armed Forces provide financial aid?
A. Before, during, and after your service
OB. During and after your service
OC. Before and after your service
D. After you have served two years
Answers
The U.S. Armed Forces will provide financial aid during and after your service. The Option D is correct.
When will U.S. Armed Forces provide financial aid?The Forces offer financial aid during and after your service. This support is available to servicemembers throughout their military career and extends into their transition back to civilian life.
During service, the financial assistance may come in the form of various benefits including housing allowances, educational benefits such as the GI Bill and health care coverage. After completing their service, veterans may be eligible for additional financial aid programs like VA home loans, disability benefits etc.
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What's the present value, when interest rates are 7.5 percent, of a $170 payment made every year forever
Answers
Answer:
The present value of the perpetual annuity is $2,266.67.
Explanation:
Giving the following information:
Interest rate (i)= 7.5% = 0.075
Cash flows= $170
To calculate the present value (PV) of this perpetual annuity, we need to use the following formula:
PV= Cf/ (i)
PV= 170 / 0.075
PV= $2,266.67
The present value of the perpetual annuity is $2,266.67.
Elana has opened a new aerobics studio in her area. How might Elana use social media as a market to spread the word about her new studio?
Answers
Elana can use social media as a marketplace to promote her new studio in a variety of ways such as:
Creating social media adsCreating valuable content for your target audienceStrengthening the relationship with your consumersHow does social media help a business grow?Social networks are easy-to-use and inexpensive platforms for sharing ideas, advertising, etc. It is a medium where potential consumers can be found who can engage with valuable content posted by a company and be interested in it.
Therefore, social media can help Elana develop her business through direct advertising and reaching a wider audience.
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List four issues you may have as a parent deciding succession plans for a family owned business of which you are in control. Include an idea on how you would address or attempt to resolve each issues.
Answers
Answer:
1. family fights, 2. kids not wanting to work at the family business, 3. lack of training, 4. pressure to hire family members, 1. hire other people that arent in the family, 2. convinve them to work there, 3. hire well trained people to train family, 4 hire them and see is they are good for the job or not and have themmstart at a easy position
Explanation:
What is customer relationship management in e commerce?
Answers
Businesses use a variety of techniques, plans, and tools together referred to as Customer relationship management to manage and analyze client interactions and data throughout the customer lifecycle.
What is customer relationship management?All contacts and relationships between your company's clients are managed using a program called customer relations management (CRM). The goal is straightforward: to fortify business ties.
How does customer relationship management perform?Businesses use a variety of procedures, plans, and tools together referred to that as customer relationship management in order to manage and examine client interactions and data throughout the customer lifecycle. In order to optimize client retention and boost sales, it is important to improve interactions with customers.
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E8-6 (Static) Recording Depreciation and Repairs (Straight-Line Depreciation) LO8-2, 8-3
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[The following information applies to the questions displayed below.]
Manrow Growers, Incorporated, owns equipment for sowing and harvesting its organic fruit, vegetables, and tree nuts that are sold to local restaurants and grocery stores. At the beginning of this year, an asset account for the company showed the following balances:
Equipment $ 350,000
Accumulated depreciation through the end of last year 165,000
During the current year, the following expenditures were incurred for the equipment:
Major overhaul of the equipment on January 1 of the current year that improved efficiency $ 42,000
Routine maintenance and repairs on the equipment 5,000
The equipment is being depreciated on a straight-line basis over an estimated life of eight years with a $20,000 estimated residual value. The annual accounting period ends on December 31.
1. Record the expenditure for the major overhaul of the equipment.
(debit and Credit)
2. Record the expenditure for routine maintenance and repairs on the equipment.
(debit and credit)
3. Starting at the beginning of the current year, what is the remaining estimated life?
Remaining "X" life
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Answer:
wala poyan picture
Explanation:
picture mo para masagutan ko
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please give me correct answer with explanation
Answers
Answer:
If ur asking for a subscription u got it
Explanation:
thx for the pts
Introduction of 5 year career development plan
Answers
A five-year plan is a list of goals, either personal or professional, that you want to achieve within the next five years. It often includes ambitions with specific timelines and measurements.
How would you define a career?A career is when you continue doing the same kind of work. One job or several jobs might make up a career. You could work for a single business or several. Sometimes a "career path" is used to describe a career. Education, training, and professional experience all go into a career.
What does a life career entail?The range of experiences you've had throughout your life make up your career. You are developing your career as you accumulate more job and life experience. Your education, training, and paid or unpaid employment all factor towards your career path.
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A Personal Outcomes approach changes ______ and _______
Answers
A Personal Outcomes approach changes the focus and power dynamic in service delivery.
Answer:record keeping , planning
Explanation:
If costs are declining, will the LIFO or FIFO method of inventory valuation yield the lower cost of goods sold? Why?
Answers
If costs are declining, the LIFO method of inventory valuation will yield the lower cost of goods sold and the reason is: Since inventory costs are declining which means that the last items inventoried are first out at decreasing costs.
What is LIFO?LIFO which full meaning is last in first out means that inventory that was the last to come into a warehouse will be the first inventory to be sold out.
If costs are declining, the LIFO method of inventory valuation will yield the lower cost of goods sold and the reason is since inventory costs are declining which means that the last items inventoried are first out (expensed) at decreasing costs. Based on this , your cost of goods would be lower.
Therefore the LIFO method of inventory valuation will yield the lower cost of goods sold.
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Answer: i think the Lifo method will have the lower cost
Explanation:
Critics of the wealth gap might argue that
economic growth will likely decline over time.
the upper classes cannot help create new jobs.
the wealthy become unable to make investments.
buying power exceeds the supply from producers.
Answers
Answer:
economic growth will likely decline over time. Mark brainliest
Explanation: i did the test
The critics of the wealth gap may argue that an economic growth will likely decline over time.
Who are the critics of wealth gap?The critics are people that does not fascinate the idea of wealth gap in an economy.
Hence, they are more likely to argue that an economic growth will likely decline over time because they do not fascinate the gap of wealth economically.
Therefore, the Option A is correct.
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Pick one of the three policies to address pollution that are listed below (these are covered in chapter 15, section 15.3) and describe why you believe it to be the best way to curb climate change. Your choices are:
1. Command and control
2. Pollution taxes
3. Cap and trade You must pick one and you must defend it as the best option.
Answers
Answer:
The correct option is the first one: Command and control.
Explanation:
To begin with, all three matters are necessary in order to try to achieve a reduction in the pollution of the planet. However, I do believe that the most important one tend to be the command and control focus due to the fact that the other three will also depend on that matter as well primarily.
So, it is necessary to understand that the "Command and Control" theme refers to the intervention of the government in matters of pollution when it comes to try to protect the environment by regulating the forces of the industry who on purposely damage their work surronding without care. Moreover, this point of view also focus on the control that the laws and regulations have on those companies so that will impact them directly to the way they act.
please help I will mark brainlyest
Answers
Answer:
Can you send me the notes that you guys used to figure out the five interest elements?
Explanation:
A business owner is aware that the Department of Labor has created rules
that require overtime pay for employees. When he works his employees more
than 40 hours in one week, he makes sure that he works them less than 40
hours the following week. The business owner feels that it is fair to average
the number of hours worked over the two weeks covered by the pay period
and use that number for calculating overtime pay. A representative of the
Department of Labor informs him that their regulations do not permit this,
Which of the following is true in this situation?
Answers
Answer:
the buisness owner must comply to the department of labor regulations
Explanation:
Reggie, who is 55, had AGI of $35,200 in 2022. During the year, he paid the following medical expenses:
Drugs (prescribed by physicians)
Marijuana (prescribed by physicians)
Health insurance premiums-after taxes
Doctors' fees
Eyeglasses
Over-the-counter drugs
$ 570
1,470
1,280
1,320
445
270
Required:
Reggie received $570 in 2022 for a portion of the doctors' fees from his insurance. What is Reggie's medical expense deduction?
Answers
Reggie's medical expense deduction is $7,276.
AGI, or adjusted gross income, is a person's total income minus certain deductions and is used to calculate taxable income.
Reggie, who is 55 years old, had an AGI of $35,200 in 2022. During the year, he incurred the following medical expenses:
Drugs (prescribed by physicians): $5,701
Marijuana (prescribed by physicians): $1,470
Health insurance premiums-after taxes: $1,280
Doctors' fees: $1,320
Eyeglasses: $445
Over-the-counter drugs: $270
Reggie was reimbursed $570 by his insurance company for a portion of the doctors' fees. To calculate his medical expense deduction, we first need to subtract any reimbursements from his total medical expenses.
Total medical expenses: $5,701 + $1,470 + $1,280 + $1,320 + $445 + $270 = $10,486
Reimbursements: $570
Medical expenses after reimbursements: $10,486 - $570 = $9,916
To claim a medical expense deduction, the expenses must exceed a certain percentage of AGI, which varies depending on the taxpayer's age. For taxpayers who are 65 or younger, the threshold is 7.5% of AGI. For taxpayers who are over 65, the threshold is 7%.
Since Reggie is 55 years old, the threshold is 7.5% of his AGI or $35,200 x 0.075 = $2,640.
Therefore, Reggie can deduct the portion of his medical expenses that exceed $2,640.
Amount of medical expenses that exceed the threshold: $9,916 - $2,640 = $7,276
Therefore, Reggie's medical expense deduction is $7,276.
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Part A. Sarah has a credit card with a 21% interest rate and has a current balance of $838. What would her estimated interest be monthly? (Use APR formula or calculator if needed.)
Part B. If Sarah has an estimated monthly interest rate of $15.45 how much money in interest would she pay to the credit card company after one year of only paying the minimum payments?
Answers
_______best tip of the waiter a.attitude b.gratitide c.money d.foods
Answers
Answer:
Gratititude, because attitude is nice but not the best, money doesn't buy happiness, and the waiter serves YOU food.
Answer:
C: money. It would be money because the waiter or waitress doesn't care if your nice they just need to make a living.
Explanation:
May I have brainliest please I'm trying to level up!
</3 PureBeauty
(Figure: Payoff Matrix I for Blue Spring and Purple Rain) The figure Payoff Matrix I for Blue Spring and Purple Rain refers to two producers of bottled water. Each has two strategies available to it: a high price and a low price. The dominant strategy for Purple Rain is to:
Answers
The figure Payoff Matrix I for Blue Spring and Purple Rain refers to two producers of bottled water. Each has two strategies available to it: a high price and a low price. The dominant strategy for Purple Rain is to: always charge a low price.
What is a Payoff Matrix?Generally, In the field of game theory, a description of a game is referred to as normal form. In contrast to extended form, normal-form representations are not graphics in and of themselves; rather, they use matrices to depict the game in question.
The outcomes of the decisions made by players in a game may be represented using something called a reward matrix.
The structure of a game, such as whether players take in turns to do actions or if a player must make a decision without knowing what option the other player will make, is not conveyed by a payout matrix. Components that make into a payoff matrix.
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Two identical firms compete as a Cournot duopoly. The inverse market demand they face is P = 123 - 3Q. The total cost function for each firm is TC(Q) = 3Q. The price charged in this market will be
Answers
The price changed in this market will be mathematically given as
P=93
What is the price change in this market?P = 123 - 3Q
Generally, the equation for the statement is mathematically given as
P = 123 - 3Q
Therefore
\(\frac{d \pi}{ d \Q1}\)=123-6Q1-30Q2-3=0
Where
Q1=120-3Q2/6
Hence
Q1=120-3(120-3Q1/6)/6
Q1=13.333
In conclusion,
P = 123 - 3(2*13.333)
P=93
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Robert and Mary file a joint tax return for 2020 with adjusted gross income of $34,000. Robert and Mary earned income of $20,000 and $14,000, respectively, during 2020. In order for Mary to be gainfully employed, they pay the following child care expenses for their 4-year-old son, John: Union Day Care Center for John $1,700 Wilma (Robert's mother) for babysitting John $1,000 What is the amount of the child and dependent care credit they should report on their tax return for 2020 (assume no tax liability limitation)
Answers
A partner had the following items reported on a partnership Schedule K-1: Ordinary income $27,000 Interest income 4,500 Dividend income 2,000 Guaranteed payment 15,000 Section 179 expense 16,000 The partner's self-employment income for the year is: ________.
a. $26,000.
b. $32,500.
c. $48,500.
d. $64,500.
Answers
Answer:
right answer is option no b
Explanation:
₹32,500
You are the HR manager for a fifty-person firm that specializes in the development and marketing of plastics technologies. When you were hired, you felt the company had little idea what you should be paid and just made up a number, which you were able to negotiate to a slightly higher salary. While you have been on the job for three months, you have noticed a few concerning things in the area of multiculturalism, besides the way your salary was offered. The following are some of those items:
1.You know that some of the sales team, including the sales manager, get together once a month to have drinks at a strip club.
2. A Hispanic worker left the organization, and in his exit interview, he complained of not seeing a path toward promotion.
3.The only room available for breast-feeding mothers is the women’s restroom.
4.The organization has a policy of offering $200 to any employee who refers a friend, as long as the friend is hired and stays at least six months.
5.The manufacturing floor has an English-only policy.
6.You have heard managers refer to those wearing turbans in a derogatory way.
Questions
1. What do you think needs to be done to create a more inclusive environment, without losing the culture of the company?
2?What suggestions would you make to those involved in each of the situations?
Answers
Answer:
read the paragraph and get the answer
David is purchasing a home for $127,600. He has 10% to put down on the home and
wishes to pay one discount point. What is the amount of his principle that he will
finance? Please explain your work in your answer.
Answers
When offering financial products, you have the authority to change the details of fees, charges, credit terms, and costs as you determine best for the client.
Answers
Answer:
As a financial institution or provider of financial products, you have the authority to change the details of fees, charges, credit terms, and costs as you see fit, within the bounds of relevant laws and regulations. However, it's important to be transparent with your clients about any changes you make, and to provide them with sufficient notice of any changes that may affect them.
In addition, it's important to remember that you have a fiduciary responsibility to your clients, which means that you are required to act in their best interests when making decisions about the financial products and services you offer. This includes considering their needs and goals when making changes to fees, charges, credit terms, and costs, and ensuring that any changes you make are fair and reasonable.
Overall, it's important to maintain trust and credibility with your clients by being transparent, fair, and honest in your dealings with them. This can help to build long-term relationships and strengthen your business's reputation in the financial industry.
Explanation:
help please!
A firm has costs of $1,000,000 for new investment outlays that are subject to an investment tax credit. The stated government purpose of having this investment tax credit is to stimulate the firm's business investments. Suppose the investment tax credit rate is 30%. How much does this reduce the cost of purchasing the assets? Assume an 8% rate of borrowing and a corporate tax rate of 40%.
Answers
ANSWER: The tax credit serves to immediately reduce the costs. The savings is 10% of one million dollars or $100,000r eduction in the purchase.
Match each CRM technique with its description
-RFM
-loyalty programs
-clickstream analysis
offers discounts or free items to customers
who keep coming back
calculates a customer's most recent visit,
the frequency of visits, and annual spending
discovers through data mining what customers
have in common to predict behavior
tracks every image, link, or object that
a customer clicks
clustering
Answers
A loyalty program is a type of marketing strategy that aims to keep customers coming back to a business or using its services.
What precisely is RFM examination (recency, recurrence, and money related)?RFM analysis is a marketing strategy that uses a quantitative ranking and grouping of customers based on the recency, frequency, and monetary total of their most recent transactions to identify the best customers and carry out targeted marketing campaigns.
What levels of clickstream investigation are there?Clickstream investigation, which is a kind of Web examination (see a different section), is the following and examination of site visits. Clickstream investigation ordinarily screens and measures site movement by using the Internet server log records, regardless of the way that there are different techniques for gathering this information.
Two levels of clickstream analysis are possible: traffic analysis and an examination of online businesses.
tracks each image, link, or object clicked by a customer- clickstream analysisgives away free or discounted items to repeat customers.- loyalty programsdetermines a customer's most recent visit, the number of visits, and the amount spent annually- RFMuses data mining to discover what customers- clusteringLearn more about RFM analysis: https://brainly.com/question/28537349
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You tell Julia, "There's always improvement to be made as we grow, beginning with me." She looks at you and smiles. You're not certain if her smile is genuine, but you know there are things you can do to improve your leadership skills as well as things you can do to equip the organization to run well as you develop those skills. What might you do to help your organization?
Answers
To help improve the organization, the leader can focus on developing their own leadership skills while also equipping the organization to run effectively.
This can be achieved by seeking feedback from employees, providing training and professional development opportunities, delegating responsibilities to trusted team members, and fostering a positive and collaborative work environment.
By seeking feedback from employees, the leader can identify areas for improvement and make necessary adjustments to their leadership style. Providing training and development opportunities can help employees grow in their roles and contribute to the success of the organization. Delegating responsibilities to trusted team members not only lightens the leader's workload, but also empowers employees and allows them to develop their own leadership skills. Finally, fostering a positive and collaborative work environment can boost morale and productivity, leading to greater success for the organization as a whole.
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definition of industries in priciples of buisness
Answers
Answer:
1. Understand Organizational Structure and Design
You need a basic understanding of how good businesses run effectively. From its initial structure of departments and personnel to how individual projects are managed, you need to run your business as effectively and efficiently as you can.
2. Use Capital and Cash Flow Wisely
Your business needs to start with a good financial base, but equally important will be a positive cash flow as you grow and develop. You need to have sufficient funds to pay your employees and vendors so you produce your products and sell them at a profit.
3. Understand the Fundamental Principles of Accounting and Finance
Understand and obey fundamental principles of accounting and finance, and always adhere to the regulations and laws that affect your industry. Obtain necessary permits, complete and file taxes, and pay strict attention to filing deadlines.
4. Respect Your Customers
Your customer may not always be right, but you always need to do whatever you can to make things right. Provide them with the best possible products and services you can deliver and always treat them with respect and understanding. If they become dissatisfied with your products or your services, do your best to quickly resolve the issue with patience and consideration.
I Hope it help you