a company is planning to purchase a machine that will cost $47,652, have a six-year life, and will have no salvage value. the company expects to sell the machine's output of 3,000 units evenly throughout each year. a projected income statement for each year of the asset's life appears below. what is the payback period for this machine? sales $ 171,000 costs: manufacturing $ 102,600 depreciation on machine 4,000 selling and administrative expenses 57,000 (163,600) income $ 7,400
Answers
The payback period for this machine is 6.7 years.
What is payback?Payback is the time period required to recover the initial investment cost. It is a measure of the cash flow generated by the investment over a specific period of time. Payback is an important concept for businesses to understand, as it can help to determine how much money is available for reinvestment or other uses. Payback periods can also be used to compare competing investments, with shorter payback periods generally indicating higher returns. Additionally, businesses must consider the long-term profitability of investments, as payback periods may not always properly reflect the true worth of an investment
Payback period is calculated by dividing the total cost of the machine ($47,652) by the annual income ($7,400). Therefore, the payback period is 6.7 years:
47,652 / 7,400 = 6.7
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Related Questions
Active listening is a process of communication in which the listener engages the speaker by repeating or rephrasing the speaker’s words; the listener may also mirror body language or _____.
apathetic behavior
tone of voice
nervous tics
hand gestures
Answers
Answer: tone of voice
Explanation:
Active listening refers to a process of communication whereby the speaker is engaged by the listener who repeats the words or statements heard.
Active listening involves the individual listening with all his or her senses and giving the speaker all the attention needed.
In active listening, the listener can mirror the body language or the tone of voice of the speaker. Active listening can be either acquired or developed through constant practice.
specific categories are important to consider when creating a budget so you can
Answers
Following the listing of income in your budget, the three priority are: giving, saving, and spending Specific categories are important to consider when creating a budget so you can.
What is a budget category?
You can choose a specific category of withdrawals as your budget. Don't limit yourself to using the categories we've provided while making your budget. Use only those that are applicable to your spending habits. Organize and categorize your spending by going through the last three months' worth of receipts. Budget categories are crucial for budgeting since they break down your expenses (sometimes, even down to the dollar).Debt repayment, investing, and saving (10-20 percent) Possibly the most significant home budget item is this sometimes disregarded (or underpaid) one. Although it doesn't significantly affect your daily life, saving money is extremely important for your future financial stability.To learn more about budget refer to:
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Huda wants to buy soda. A 12-pack costs $9.50. She knows that with the local sales tax of $2.00, the total should be $11.50. However,
when she gets to the checkout, the total is now $13.00. Which type of tax is Huda MOST likely paying that would explain the extra $1.50?
estate
excise
inheritance
income
Answers
Answer:
excise
Explanation:
A tax is a compulsory sum levied by the government on goods and services. Taxes increase the price of a good
excise tax is a type of tax levied on certain good and services. It is an example of an intranational tax. Producers pass on this tax to consumers by increasing the price of the good directly
Plz help! Describe two ways commercial banks could lend euros to individuals and firms?
Answers
Answer:
A bank is a financial institution which is involved in borrowing and lending money. Banks take customer deposits in return for paying customers an annual interest payment. The bank then uses the majority of these deposits to lend to other customers for a variety of loans.
Commercial Bank
A bank is a financial institution which is involved in borrowing and lending money.
Firms
Answer:
Based on a common source of balance sheet data for four largest economies of the euro area over the period 1999-2011 the two main regularities were discovered first the effect of monetary policy on bank lending is significant and heterogeneous. Second,there is some evidence that monetary policy exerts larger effect on cooperative and saving banks with lower liquidity and less capital.
Explanation:
Give a Brief history from subsistence economy to money economy.
Please Help ASAP. Please
Answers
Answer:
Explantation to the following question is as follows;
Explanation:
A subsistence economy frequently engages in artisans fisheries, labor-intensive agriculture, and animal grazing. Handmade, basic tools and traditional procedures are used in each of these undertakings. The absence of excess is another feature of subsistence economies.
Money is an economic entity that serves as a universally accepted means of trade in a transactional economy. Money performs the function of lowering transaction costs, namely the twofold coincidence of desires.
Your father is 4 years away from retirement. He earns $80,000 per year. For simplicity you may assume that your father is paid at the end of the year. His wages are increasing by 2% per year. Therefore, he will receive 3 salary increases. Your older sister just graduated from university. She is starting her career working for a major financial institution. She will be paid a salary of $65,000 per year to start. You may assume that your sister will be paid at the end of year 1 . She expects her salary and other compensation to increase by 8% per year for the first fifteen years after she graduates. Therefore, she will receive 15 salary increases of 8%. After year sixteen, she expects her total compensation to increase by 3% per year thereafter. She plans on working a total of 35 years, therefore she will receive 19 salary increases of 3% per year. The appropriate discount rate is 4%. Part A: What is the value of your father's human capital? Part B: What is the value of your sister's human capital?
Answers
Part A: Your father's human capital is defined as the current value of his lifetime earnings. According to the question, your father is 4 years away from retirement, and he earns 80,000 per year, which is increasing by 2% per year.
We can use the formula for a growing annuity to calculate the present value of his future earnings as follows:
An = A1(1 + g)(1 - (1 + g)n / (1 + r)n - 1)
where An is the total present value of his future earnings, A1 is his current annual salary, g is the annual growth rate in salary, n is the number of years he will work (which is 4), and r is the discount rate (which is 4%).
Substituting the values in the formula, we get:
An = 320,000(1 + 0.02)(1 - (1 + 0.02)4 / (1 + 0.04)4 - 1)
An = 320,000(1.02)(1 - (1.02)4 / (1.04)4 - 1)
An = 1,162,048.39
Therefore, the value of your father's human capital is 1,162,048.39.
Part B: Your sister's human capital can be calculated as the sum of the present values of her future salary increases and other compensations.
According to the question, her salary will increase by 8% per year for the first 15 years after she graduates, and by 3% per year for the remaining 19 years.
We can use the formula for a growing perpetuity to calculate the present value of her salary increases as follows:
PV = C / (r - g)
where
PV is the present value of her salary increases, C is the annual increase in salary, r is the discount rate (which is 4%), and g is the annual growth rate in salary.
Substituting the values, we get:
PV = 65,000(1.08)(1 - (1.08)15 / (1.04)15) / (0.04 - 0.08) + 65,000(1.03)19 / (1.04)19PV = 1,189,601.62
Therefore, the value of your sister's human capital is 1,189,601.62.
Answer:
Part A: The value of your father's human capital is 1,162,048.39.
Part B: The value of your sister's human capital is 1,189,601.62.
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Bateman Enterprises invested in the bonds of Greater Gloucester on January 1, 2018. These 10minusyear, $ 400 comma 000 bonds pay interest of 3% with semiannual payments every June 30 and December 31. The effective rate of interest for similar bonds on January 1 was 4%. What is the semiminusannual interest payment received by Bateman for these bonds?
Answers
Explanation:
\( \frac{400 \times 10 \times 4}{100} \\ \frac{16000}{100} \\ 160 \\ \frac{1}{25} \times 160 \\ 6.4 \: intrest\)
In analyzing the pharmaceutical industry for a prospective business launch, nicole turco, a ph. D. In pharmacology, concluded that the industry was attractive because the threat of substitutes is ___________.
Answers
In analyzing the pharmaceutical industry for a prospective business launch, Nicole Turco, a Ph.D. In pharmacology, concluded that the industry was attractive because the threat of substitutes is low.
The pharmaceutical industry uses a variety of analytical methods. However, the methods that are most frequently used include chromatography methods, including HPLC, LC-MS, GC, and GC-MS. These methods are the industry norm for examining polymorphism in novel medications. The use and application of knowledge analytics in the pharmaceutical industry is known as pharma analytics.
Pharmaceutical manufacturers can gain important insights into how to speed up and optimize production by integrating big data analytics tools. Investors ought to assess a business's "pipeline" (i.e., what percentage of drugs a corporation has in development and also the various stages of clinical testing).
A study of the advantages, disadvantages, opportunities, and threats. The following findings were made after conducting a SWOT analysis (strengths, weaknesses, opportunities, and threats). Strengths. Malta has a developed pharmaceutical industry with a sufficient production base.
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93Q. For RFC members, resubmits are done the ______________ after the draft return.
Answers
For RFC members, resubmits are done the following week after the draft return.
This is because RFC members are given a week to review and provide feedback on the draft return before the resubmit process begins. During this time, members can suggest changes or revisions to the draft return and provide input on any concerns or issues they may have. Once this feedback is received and considered, the RFC submitter can then make the necessary changes and resubmit the draft return for further review.
It is important for RFC members to provide timely feedback and review the draft return thoroughly in order to ensure that any necessary changes or revisions are made before the resubmit process begins. This can help to avoid any delays or issues with the final return and ensure that it is accurate and complete. By working together and providing input throughout the RFC process, members can help to ensure that the final return meets the needs and requirements of all stakeholders and is submitted in a timely and efficient manner.
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1. below is an example of a diwalidiyas. Extract the different parts of the diyas by making a sketch emphasizing the use of lines, shape forms and color. 2. you may put some accent to make your work more creative .
Answers
Answer:
need more info (incomplete)
Explanation:
Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry? A. monopolistic competition B. perfect competition C. monopoly D. oligopoly
Answers
Answer: the answer to your question is D) oligopoly
Explanation:
Answer:
it's D. oligopoly
Explanation:
Oligopoly is a market structure where only a few large firms control a major share of the market.
An economist estimated that the cost function of a single-product firm is TC = 2,250 + 50 + 5Q²
Based on this information, determine:
1. The average fixed cost (AFC) of producing 10 units of output.
2. The average variable cost (AVC) of producing 10 units of output.
3. The average total cost (ATC) of producing 10 units of output.
4. The marginal cost (MC) of producing the 10th unit?
Answers
1. The average fixed cost (AFC) of producing 10 units of output is $225.
2. The average variable cost (AVC) of producing 10 units of output is $100.
3. The average total cost (ATC) of producing 10 units of output is $350.
4. The marginal cost (MC) of producing the 10th unit is $150.
To determine the average fixed cost (AFC), average variable cost (AVC), average total cost (ATC), and marginal cost (MC) for producing 10 units of output, use the given cost function TC = 2,250 + 50Q + 5Q².
1. Average Fixed Cost (AFC):
AFC is the fixed cost per unit of output. Since fixed costs do not change with the level of production, AFC becomes constant as output increases. The formula for AFC is AFC = Total Fixed Cost / Quantity.
In this case, the fixed cost is $2,250. Therefore, AFC = 2,250 / 10 = $225.
2. Average Variable Cost (AVC):
AVC is the variable cost per unit of output. It is calculated by subtracting AFC from the average total cost (ATC). The formula for AVC is AVC = (Total Variable Cost - Total Fixed Cost) / Quantity.
To calculate AVC, we first need to find the total variable cost (TVC). TVC is calculated by subtracting the fixed cost (FC) from the total cost (TC): TVC = TC - FC.
In this case, FC = $2,250. Therefore, TVC = TC - FC = (2,250 + 50Q + 5Q²) - 2,250 = 50Q + 5Q².
Now, calculate AVC = (TVC - FC) / Quantity = (50Q + 5Q² - 2,250) / Quantity.
Plugging in the value of Quantity (Q = 10), AVC = (50(10) + 5(10)² - 2,250) / 10 = $100.
3. Average Total Cost (ATC):
ATC is the total cost per unit of output. It is calculated by dividing the total cost (TC) by the quantity. The formula for ATC is ATC = Total Cost / Quantity.
In this case, TC = 2,250 + 50Q + 5Q². Therefore, ATC = (2,250 + 50Q + 5Q²) / Quantity.
Plugging in the value of Quantity (Q = 10), ATC = (2,250 + 50(10) + 5(10)²) / 10 = $350.
4. Marginal Cost (MC):
MC is the additional cost incurred by producing one additional unit of output. It is calculated by taking the derivative of the total cost function with respect to quantity (Q). The formula for MC is MC = dTC/dQ.
In this case, TC = 2,250 + 50Q + 5Q². Taking the derivative with respect to Q, we get dTC/dQ = 50 + 10Q.
Plugging in the value of Quantity (Q = 10), MC = 50 + 10(10) = $150.
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i have a brainlest for anybody if the can tell me who won the wwe champoinship in 1996
Answers
Which government tax incentive retirement account allows a person to contribute after-tax earnings?
Answers
Answer:
Roth IRA accounts
Explanation:
I hope this helped!
What is down payment with regarding to buying a house?
Answers
mention any five methods of doing off season vegetables farming,
Answers
Answer:
the methods of doing off season vegetables farming are:-
Taking use of and utilising various agro-climatic conditionsImproved varieties are chosen.Adjustment of planting time.Making plastic tunnels, polythene houses, and permanent glass houses to provide controlled environmental conditions.Drs. James and Janet Baker saw that many people experienced difficulty and frustration when typing, some because of physical disabilities. So they invented a voice recognition software to allow users to talk to the computer. Their ideas have become Dragon Naturally Speaking, a popular talk-to-type software application. Which of these statements describes their startup?
A) Borrow heavility from existing products or services.
B) Combine two businesses to create a market opening.
C) Begin with a problem in mind or a pain you can relieve.
D) Recognize a hot trend and ride the wave.
Answers
How is a debit card different from a credit card?
A. A debit card is usually issued by a financial institution.
B. A debit card provides a way for people to make large purchases.
C. Spending on a debit card is limited to the funds available in an
account.
D. Spending can occur via a digital payment method.
Answers
Answer:
C
Explanation:
because thats wat ist is.- limited funds
20 POINTS please answer quick!
Why do you think that most careers in the Education and Training cluster require a college degree of some sort? Explain in detail.
Answers
Answer:
There are different kind of careers that one can pursue in life; in order to choose a particular career, one has to consider some important factors.
Explanation:
In ________ teams, there is an expectation of increased productivity and quality of work life because employees are delegated greater authority and granted increased autonomy.
Answers
In self managed teams, there is an expectation of increased productivity and quality of work life because employees are delegated greater authority and granted increased autonomy.
What is self managed team?Self-managed team includes group of people a that work together to render a service or to sell and produce a good.
They do not work under any manage or require managerial supervision.
Therefore, In self managed teams, there is an expectation of increased productivity and quality of work life because employees are delegated greater authority and granted increased autonomy.
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If Ryan purchases a sandwich, he is using money as:
A. a medium of exchange
B. A unit of measure
C. A store of value
Answers
Answer:
a. a medium of exchange
Explanation:
i took the test
If Ryan purchases a sandwich, he is using money as a medium of exchange. Thus, the correct answer is option A.
What is money?Money is any item or verifiable record that is widely accepted in a particular country or socioeconomic context as payment for goods and services and repayment of debts, such as taxes. It is the medium in which prices and values are expressed.
The primary functions of money are- as a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.
Ryan is purchasing the sandwich with the help of money. Money is exchanged for the sandwich, acting as a medium of exchange.
Therefore, Ryan is using money as a medium of exchange.
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Anyone have an idea how to create a NPV Spreadsheet which intakes a 6% discount factor.
My actual question is very similar to this, If someone could give me a step by step breakdown it would be much appreciated
Answers
The way to calculate an NPV Spreadsheet using the NPV Function are:
=NPV(discount rate, series of cash flow)Step 1: Set a discount rate in a cell.Step 2: Establish a series of cash flows (must be in consecutive cells).Step 3: Type “=NPV(“ and select the discount rate “,” then select the cash flow cells and “)”.What is an NPV Function?This refers to the excel function that is used to calculate the net present value and the discount rates for cash flows.
Hence, we can see that given that you have the discount factor, the annual operating costs, and annual benefits, you would then need to add the present value of all +ve cash flows and subtract the present value of all -ve cash flows.
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If you were starting a company, what would be included in your social
responsibility statement?\]-
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Answers
Taylor organizes and manages the operations department. At the end of the day, he gathers data from his team and generates a daily report for his supervisor. Which option has helped him gather and generate all the reports quickly?
A.
adoption of an information system
B.
adoption of a transaction management system
C.
adoption of a report generation tool
D.
adoption of a data processing tool
Answers
With an adoption of a data processing tool,Taylor gathered and generate all the reports quickly.
Data Processing tool is any software tool that helps to arrange
scattered,raw and unprocessed documents( text file data, excel file
data, images, audio clips, video clips etc) into a structured, readable and
useable data that can be stored and retrieved easily.
Different types of data processing tools for different reports or
management exist and some of them include:
Excel for very small data.Tableau Qlik Sense ThoughtSpotFineReport. MicroStrategy etc
Taylor can therefore gather and generate his reports using a good data processing tool like Excel or Fine report software.
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Is government-subsidized flood insurance more likely to help relatively rich people or relatively poor people? Will it increase, decrease, or leave unchanged the amount of damage occurring from floods?
Answers
Answer:
Policy (SFIP), actually touches and damages NFIP-insured property. A loss caused
by a flood in progress at the time an SFIP comes into effect may be subject to the
flood-in-progress exclusion. If the SFIP was effective prior to the date the flood in
progress began, coverage will be effective. A flood is in progress on the earlier of
either the date the community in which the NFIP-insured property is located first
experiences a flood as defined in the SFIP, or on the date of an event initiating a
flood that directly or indirectly affects areas downstream or in a floodway.
70. Is damage caused by a flood in progress covered?
If a policy is in effect on the date the flood in progress begins, damage caused
by the flood in progress is covered, subject to the terms of the SFIP. If a policy
is effective after the date the flood is in progress, damage caused by the flood in
progress most likely will not be covered. However, each NFIP claim is adjusted
individually and the cause of any loss, and any applicable limitations or exclusion
in the SFIP, is determined during the claims adjustment process.
Explanation:
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
which of the following describes the term productivity
Answers
Productivity is the measurement of physical output relative to each unit of input, typically expressed in labour hours.
What is Productivity?
Productivity refers to the efficiency with which goods or services are produced. Productivity can also be expressed as a ratio of the entire output to a single input, the sum of all the inputs utilised in a production process, or the output per input, usually over a defined time period. The (aggregate) measure of labour productivity, using GDP per worker as an example, is the most common illustration. The selection of a productivity definition (including those that do not refer to ratios of output to input) depends on the goal of the productivity assessment and/or the availability of data. The main cause of variation across productivity metrics is frequently (directly or indirectly) connected to how the inputs and outputs are combined to produce such a ratio-type productivity indicator.
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should i study fashion or business to be a fashion entrepunuer
Answers
Answer:
there must be specific courses for it which has both fashion and business
Answer:
It depends on if you enjoy it or not, but I would go with being a fashion entrepreneur :3
Explanation:
:3
Ernesto's business is growing at a steady rate, but he knew he can always do better! In order to capture more business, he would have to hire a few more sales professionals to sell into new markets. As he contemplated his staffing needs, his sister who worked in HR informed him that he needed to do a job analysis before hiring. Which of the following would be a logical part of a job analysis for a sales position?
A) asking the current sales reps to create a log of their daily and weekly activities
B) asking the HR specialist to create an online application for the position(s)
C) training new recruits
D) determining how many sales reps other companies typically have on staff
Answers
Answer:
A) asking the current sales reps to create a log of their daily and weekly activities
Explanation:
Since the business grow at the steady rate also they wants to hire sales professional in order to sell into the new market so here the logical part with respect to the sales position is that we should ask the present sales reps in order to develop the logs for the daily and weekly activities
Therefore the option a is correct
how could the atlas fellowship address the collective action problem of applicants cheating on its application?
Answers
Answer: The answer is by using technology and palgiarism checking softwares.
Explanation: The Atlas Fellowship could address the collective action problem of applicants cheating on its application by implementing several measures to deter cheating and promote ethical behavior.
One approach could be to clearly communicate the expectations for ethical behavior and the consequences of cheating or unethical behavior in the application process. The Atlas Fellowship could also provide resources and support to help applicants succeed on their own merit, rather than resorting to cheating.
Another approach could be to incorporate multiple layers of screening and verification into the application process. For example, the Atlas Fellowship could require applicants to provide references or undergo interviews with multiple staff members to verify the accuracy of their application materials. Additionally, the Fellowship could use technology such as plagiarism detection software to identify instances of cheating or copying.
Finally, the Atlas Fellowship could foster a culture of honesty and integrity among its applicants by promoting the importance of ethical behavior and highlighting the negative consequences of cheating. By creating an environment that values integrity and rewards ethical behavior, the Atlas Fellowship could incentivize applicants to act honestly and avoid cheating.
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