Question 38 1.5 pts Savings, Investment, and Deficits Suppose a country has a closed economy, and it has the following macroeconomic data: Real GDP = $800 per year Consumption = $560 per year Tax revenue = $80 per year Government spending: $120 per year $80 per year Now suppose that the country's government spending falls to $80 per year, while real GDP, consumption, and tax revenue stay unchanged. Based on this new information, what is the government's budget deficit or surplus equal to (public saving)? Enter your answer in the space below. (If your answer is negative, be sure to include the minus sign in the answer you enter.)

Answers

Answer 1

The government's budget surplus (public saving) would be $0 per year.


1. In the new scenario, the government spending falls to $80 per year, while real GDP, consumption, and tax revenue remain unchanged.
2. To calculate the government's budget balance (public saving), we need to subtract government spending from tax revenue. In this case, it is:
Tax revenue - Government spending = Public saving
3. Now, plug in the given values:
$80 (Tax revenue) - $80 (Government spending) = Public saving
4. Calculate the result:
$80 - $80 = $0
Based on this new information, the government's budget deficit or surplus (public saving) is equal to $0.

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Related Questions

4. What type of documents should you file from work?
emails from colleagues

Work Party Announcements

Benefits Package Information

401K Statements

Answers

Answer:

benefits package information

Item 4 Victor bought 50/100/50 liability with a $250 deductible on collision and $150 deductible on comprehensive coverage. If the base premiums are $310, $245, $185, and $102, respectively, how much is his total base premium

Answers

Victor's total base premium is $842. This is calculated by adding up the individual base premiums for each coverage type.

To calculate Victor's total base premium, you need to add the base premiums of each type of coverage he purchased. Victor bought 50/100/50 liability, collision with a $250 deductible, and comprehensive coverage with a $150 deductible.

The base premiums for these coverages are $310, $245, $185, and $102, respectively. To find the total base premium, simply add these amounts together: $310 (liability) + $245 (collision) + $185 (50/100/50) + $102 (comprehensive) = $842.

So, Victor's total base premium for his auto insurance policy is $842. This amount represents the cost of the coverage before any additional discounts or fees are applied.

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Jared had studied extremely hard for his math test and believed he had understood the material and memorized the formulas. As he entered the classroom and sat at his desk, he began to worry. He was fearful that he had not prepared enough to do well on the test. The tests were passed out, and he turned his over to begin. As he read the first question, he panicked and his mind went blank. He had a classic case of test anxiety. Which of Jared’s anxiety reactions was physical? He panicked. He began to worry. He was fearful. His mind went blank.

Answers

Answer:

He began to worry.vvv

Explanation:

Answer:

"(A)" not 100% percent sure but I'm 99.9 percent sure it's right because I am very confident in my decision

Explanation:

tell me in the comments if it's right, if it's wrong I'll change my answer as soon I notice but please don't hate because this is what I think

Which outcome was the result of the shifting of manufacturing and some service and knowledge jobs to the global south?.

Answers

The  outcome of the shifting of manufacturing and some service and knowledge jobs to the global south was that it ensured  globalization of markets and has been resulted by the rapid growth of trade between developed economies and developing economies.

What is Deindustrialization?

Deindustrialization refers to the gradual removal of heavy industries or manufacturing industries from a country or a region. The major aim of deindustrialization is the faster growth of productivity in manufacturing than in services.

  A vivid example of deindustrialization in the United states is the Rust Belt. The Rust belt is a term used to describe the region in the upper Northeastern United States and Midwest that was once home to booming industry, but is now full of abandoned or rusted industrial factories.

   It is important to note that the concept of deindustrialization is not a negative thing, rather it helps to even out the economic disparity between two or more regions.

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Julie and Kristen are partners in a local sporting good store. They needed $51,000 to start the
business. They invested in the ratio of 3:10 respectively. How much money did each invest?
What percent is owned by Kristen?

Answers

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We would need to set up a ratio or proportion.
3/10=x/51000
X=15,300, Julie
51,000-15,300
35,700, Kristen
70% is owned by Kristen

Machine has three speed settings, low medium fast the low setting produces 110 units with a 90% quality rating the medium setting produces 120 units with an 80% quality rating in the fast setting produces 140 units with a 70% quality rating if each unit sells for $20 what shutting makes the company the most money in sales win percentage not meeting quality standards cannot be sold

Answers

The low setting makes the company the most money in sales, with a total revenue of $1980

To determine which setting makes the company the most money, we need to calculate the total revenue generated by each setting while taking into account the quality rating. For the low setting, the company produces 110 units with a 90% quality rating, which means that 10% of the units are not sellable. So, the total number of sellable units is 110 x 0.9 = 99 units. The revenue generated from selling these units is 99 x $20 = $1980. For the medium setting, the company produces 120 units with an 80% quality rating, which means that 20% of the units are not sellable. So, the total number of sellable units is 120 x 0.8 = 96 units. The revenue generated from selling these units is 96 x $20 = $1920.

For the fast setting, the company produces 140 units with a 70% quality rating, which means that 30% of the units are not sellable. So, the total number of sellable units is 140 x 0.7 = 98 units. The revenue generated from selling these units is 98 x $20 = $1960.

Therefore, the low setting makes the company the most money in sales, with a total revenue of $1980

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What is market research? (Please be simple easy to understand)

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the action or activity of gathering information about consumers' needs and preferences.
to gather information about consumers about what they prefer and want

Which of the following budgets
would be considered balanced?


A budget where the amount you spend is greater than the amount you
earn.

A budget where the amount you earn is equal or less than to the amount
you spend.

A budget where the amount you save is less than the amount you spend.

A budget where the amount you spend is equal or less than the amount
you earn.

Answers

the bottom one because equal is balanced

Which of the following is a true statement regarding operating costs:
They are fixed expenses.
They are not directly related to production.
They occur once or twice a year.
Only some businesses have them.

Answers

Answer:

They are not directly related to production.

Explanation:

Operating expenses are the costs incurred in running the affairs of a business on a day-to-day basis. They refer to the expenses associated with the maintenance and administration of a business. Operating expenses are also operational costs and include rent, machinery, payroll services, utilities, uniforms, and office supplies. operating cost also covers overhead expenses as well as the cost of goods sold

Note that common activities are listed toward the top, and less common activities are listed toward the bottom. according to o*net, what are common work activities performed by nursery and greenhouse managers? check all that apply. making decisions and solving problems dealing with hazardous materials interacting with animals communicating with supervisors or peers monitoring and controlling resources climbing ladders, scaffolds, or poles

Answers

Making decisions and solving problems, communicating with supervisors or peers, and monitoring and controlling resources are common work activities performed by nursery and greenhouse managers. Options (a) (d) and (e) are correct.

Employers from a variety of industries look for applicants with similar but distinct talents in problem-solving and decision-making. Knowing how to handle conflict and find solutions in the workplace can make you more valuable as a worker and possibly improve your chances of landing a job.

Understanding the differences between problem-solving and decision-making skills and how to improve them will help you operate more productively and independently if you're interested in finding out how to improve them at work.

Therefore, Options (a) (d), and (e) are correct.

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to be successful, strategic planning requires a company to have a ______ orientation.

Answers

To be successful, strategic planning requires a company to have a long-term orientation.

What is strategic planning?

Strategic planning can be defined as the way of making use of techniques that will enables a company to achieve their future goals and objective.

On the hand  long-term orientation can be defined as the future goals they a company or an organization has the plan to achieve.

Therefore the statement that filled the gap is long term.

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At what point does an idea-driven enterprise run into problems and At what point does a market-driven enterprise run into problems?

Answers

Idea-driven businesses face unique challenges during growth. ... Their innovation is born from a deep desire to change the way people think about ... to shed light on the different stages of idea-driven business and what problems each stage ...

Idea-driven firms confront particular difficulties as they expand. Their creativity is the result of a strong desire to alter how people think, to shine a light on the many stages of the idea-driven company, and the issues that each level faces.

What is firm?

A firm is a for-profit business entity that offers professional services, such as a corporation, limited liability company (LLC), or partnership. Most businesses only have one location. On the other hand, a business company is made up of one or more physical locations that are all owned by the same person and have the same EIN (EIN).

The term "firm," when used in a title, is frequently connected to companies that offer expert legal and accounting services, but it may also refer to a wide range of companies, including consulting, marketing, and graphic design firms, among others.

The name of the company is often used for commercial purposes, but the level of legal protection—for owners or employees—depends on the ownership structure that was used to establish the company. Corporations, for example, offer a higher level of legal protection than other forms of organizations. The idea of a mature company with a strong foundation already exists.

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Gomez Inc. mills and finishes furniture kits. A certain kit requires the following: Direct materials standard 2 square yards at $13.50 per yard Direct manufacturing labor standard 1.5 hours at $20.00 per hour During the third quarter, the company made 1,500 kits and used 3,150 square yards of wood costing \$42,600. Direct labor totaled 2,000 hours for $46,150. Compute the direct manufacturing labor efficiency variance for the quarter. $5,000∪ $5,000 F $3,000 F $3,000∪

Answers

The direct manufacturing labor efficiency variance for the quarter is $5,000 unfavorable (F).

Compute the direct manufacturing labor efficiency variance for the quarter, we need to compare the actual direct labor hours used to produce the furniture kits with the standard labor hours allowed for the production.

Given that the standard labor requirement for one kit is 1.5 hours and the company produced 1,500 kits, the standard labor hours allowed would be 1.5 hours per kit multiplied by 1,500 kits, which equals 2,250 hours.

The actual direct labor hours used in the quarter were 2,000 hours.

To calculate the direct manufacturing labor efficiency variance, we subtract the standard labor hours allowed from the actual direct labor hours used and multiply the result by the standard labor rate:

Variance = (Actual Labor Hours - Standard Labor Hours) * Standard Labor Rate

Variance = (2,000 hours - 2,250 hours) * $20.00 per hour

Variance = (-250 hours) * $20.00 per hour

Variance = -$5,000

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A student will decide to attend class when
A. The Marginal Cost in low
B. The Marginal Benefit of attending exceeds the marginal cost of attending
C. There is an attendance policy
D. The Marginal Benefit is positive

Answers

The correct answer is C I believe.

A student will decide to attend class when there is an attendance policy. Thus, option (c) is correct.

What is policy?

The term policy refers to are the rules are the described in the details are the mention. The policy are the making follow to the country and the employees of the company. The policy are the making the company of the solving the issues.

A student was the decided to regularly attend lectures or classes was the main motive to fulfill the attendance policy. The attendance was the necessary to appear in the exam. An attendance was the help to gain good marks in the exams. An attendance policy was the best policy.

As a result, the student will decide to attend class when there is an attendance policy. Therefore, option (c) is correct.

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Select the correct answer. Which sales channel is the most effective for a business that has a small scale of operations? a A. telemarketing B. hiring agents C. flea markets D. franchising E. multilevel marketing​

Answers

Answer:

franchising marketing

Mod 7.3: Between the beginning of the year and the end of the year, Peach Co.'s Retained Earnings increased. Which of the following is the best and most likely explanation for this increase.
- Peach Co's net income was greater than its dividends.
- Peach Co's net profit is less than its dividend.
- Its dividend is less than Peach Co.'s net profit.
- Its dividend is greater than Peach Co.'s net profit.

Answers

Between the beginning of the year and the end of the year, Peach Co.'s Retained Earnings increased. The "Peach Co's net income was greater than its dividends". The correct option is A.

The net income is the total income which gets from the sells, investment, and property rent.

The best and most likely explanation for the increase in Peach Co.'s Retained Earnings is that its net income was greater than its dividends. Retained Earnings is the portion of a company's net income that is not paid out as dividends to shareholders, but rather is kept within the company to reinvest in the business or to pay off debt.

If a company's net income is greater than its dividends, then the amount of money that is retained within the company will increase, resulting in an increase in Retained Earnings. Therefore, option A, "Peach Co's net income was greater than its dividends," is the correct answer.

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The homeownership voucher assistance program is available to ______ to help pay monthly homeownership expenses.

Answers

The homeownership voucher assistance program is available to First-time homeowners to help pay monthly homeownership expenses.

This is further explained below.

What is homeownership?

Generally, Owner-occupancy, also known as home-ownership, is a kind of housing tenure in which a person owns the house in which they reside and is thus referred to as the owner-occupier, owner-occupant, or homeowner. This type of housing tenure is also known as homeownership.

The residence might be a house, such as a single-family house, an apartment, a condominium, or a housing cooperative. Other options include the phrase "housing cooperative."

In conclusion, First-time homeowners may get financial support with their monthly homeownership costs via a program called the homeownership voucher assistance program.

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Which one of these items is NOT a processed material?

O Paper
O Steel
O Sand
O Glass

Answers

Sand.
Paper was originally tree, steel was metal, glass was heated to become glass

The President asks Congress to approve a budget in which individual income taxes are raised by 5%. Explain how this could affect the circular flow model.

Answers

Answer:

With no budget, Congress must pass a continuing resolution to fund the government temporarily. ... If Congress can't agree on 12 separate appropriations bills, it can pass an Omnibus bill that includes multiple funding areas. If the President signs that, the budget becomes law and goes into effect.

Explanation:

Sorry if this didn't help!

In a condition where the President asks Congress to approve a budget in which individual income taxes are raised by 5%, it will affect the circular-flow model by leading to a decrease in the disposable income of the individuals.

What is the significance of circular flow model?

A circular flow model can be referred to or considered as a model that represents the drivers and determinants of the money, such as cash flow in an economy, and the goods and services being traded in an economy during any given period of time.

If the taxation on individual income is hiked by 5 percentage, the cash flow in the economy will be decreased, as well as due to a decreased disposable income, the demand for goods and services in an economy will also be reduced.

When the rates of taxation are increased by approximately 5%, the circular flow model will be severely affected

Therefore, the significance regarding circular flow model has been aforementioned.

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Shonda wants to open a deli. She is worried that it won't be successful unless
it has a familiar brand name, so she pays for the rights to use the name and
logo of an existing deli company. What type of business is Shonda forming?
O A. A franchise
O B. A cooperative
O C. A partnership
O D. A corporation

Answers

If he pays for the rights to use the name and logo of an existing deli company. The type of business is Shonda forming is: A. A franchise.

What is franchise?

Franchise can be defined as the way a person or a company is given the license or right to use a another company trade name or logo.

Based on the given scenario Shonda forming a franchise type of business because he was given  the rights to use the name and logo of an existing deli company.

Therefore the type of business is Shonda forming is: A. A franchise.

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Jem wants to make sure the gaming system she wants to buy includes
access to live events. What should Jem do to ensure she makes an informed
buying decision?
O A. Jem should consult friends on social media.
O B. Jem should review warranties and return policies.
O C. Jem should make the purchase with confidence.
O D. Jem should read the product description carefully.

Answers

Your answer will be D

Answer:

D. Jem should read the product description carefully.

Explanation:

Avelo incorporated had the following operated results for the past year. sales = $22,619 depreciation = $1,400 interest expense = $1,128 costs = $16,535. The tax rate for the year was 21 percent. What is the company's operating cash flow.

Answers

Avelo Incorporated's operating cash flow for the past year was $2,804.84. This means the company generated a positive cash flow from its operations, which is a good sign for the company's financial health.

To calculate Avelo Incorporated's operating cash flow, we need to use the formula: Operating Cash Flow = Sales - Costs - Depreciation +/- Changes in Working Capital - Taxes.
Using the given figures, we can calculate Avelo Incorporated's operating cash flow as follows:
Operating Cash Flow = $22,619 - $16,535 - $1,400 - $1,128 - ($22,619 - $16,535 - $1,400 - $1,128) x 21%
= $3,556 - ($3,556 x 0.21)
= $2,804.84
Therefore, Avelo Incorporated's operating cash flow for the past year was $2,804.84. This means the company generated a positive cash flow from its operations, which is a good sign for the company's financial health. Operating cash flow is a crucial metric for a company as it indicates whether the business is generating enough cash from its core operations to fund its ongoing expenses and investments. A positive operating cash flow also shows that the company has enough cash to pay dividends to shareholders, repay debt, and invest in growth opportunities.

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What is a plan for how much to spend and how much to save of ones earnings called?
A. a wish list
B. a personal budget
C. a saving account
D. an investment portfolio

Answers

The answer is c hoped this helped

ben makes an appointment for a $50 haircut, buys a bike for $250, and agrees to work for coding associates for one year for $5,000 per month, starting at the beginning of next month. to be enforceable, a writing is required for

Answers

Ben makes an appointment for a $50 haircut, buys a bike for $250, and agrees to work for coding associates for one year for $5,000 per month, starting at the beginning of next month. to be enforceable, a writing is required for​ the employment agreement.

A collateral settlement is one wherein one person (the guarantor) has the same opinion to pay the debt or duty that a 2nd person (the most important debtor) owes to a 3rd person (the obligee) if the most important debtor fails to perform.

Statutes that exist in each kingdom which require that sure styles of contracts are enforceable simplest if the settlement is in writing or evidenced with the aid of using a written memorandum or digital report this is signed.

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Unions can be perceived as being economically harmful when they?

Answers

Unions may be perceived as economically harmful when their actions lead to increased labor costs, reduced flexibility, productivity disruptions, and potential hindrance to innovation.

Nonetheless, it's essential to consider the broader context and recognize the vital role unions play in safeguarding workers' rights and promoting workplace fairness.

Unions can be seen as economically harmful due to certain practices that can negatively affect businesses and the economy. Here are a few reasons for this perception:

1. High labor costs: Unions often negotiate for higher wages, benefits, and job security, which can increase labor costs for businesses. While this benefits workers, it can pose challenges for businesses, especially those operating in industries with narrow profit margins.

2. Reduced flexibility: Union contracts establish specific work conditions, hours, and rules, providing stability for workers. However, this can limit a company's ability to adapt to market changes or implement cost-saving measures.

3. Disruption of productivity: Strikes and labor disputes initiated by unions can disrupt productivity and operations, resulting in lost revenue for businesses and broader economic impact.

4. Inefficiency and lack of innovation: Some argue that unions can discourage individual initiative and productivity by promoting standardized work approaches. This may impede innovation and hinder a company's ability to compete in a dynamic market.

It's important to note that these perceptions may not apply universally to all unions or situations. Unions can also have positive effects, such as improving worker rights and negotiating fair wages. The impact of unions on the economy is a complex and debated topic, subject to varying opinions.

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It is important to note that while these examples highlight potential negative consequences, unions also play a vital role in protecting workers' rights, improving working conditions, and advocating for fair compensation. It is a complex issue that requires a balanced understanding of both the benefits and drawbacks of unionization.

Unions can be perceived as being economically harmful when they engage in practices that negatively impact businesses and the overall economy. Here are some ways in which unions can be seen as economically harmful:

1. High labor costs: Unions often negotiate for higher wages, benefits, and job protections for their members. While this can benefit workers, it can also increase labor costs for businesses. This may lead to reduced profitability, job cuts, or higher prices for consumers.

2. Work stoppages: Strikes and other work stoppages initiated by unions can disrupt production and cause financial losses for companies. This can have a ripple effect on the economy, affecting not only the business involved but also its suppliers, customers, and the overall market.

3. Inflexibility in labor markets: Union contracts often come with strict rules regarding work hours, job assignments, and promotions. This can limit the flexibility of businesses to adapt to changing market conditions, adopt new technologies, or efficiently allocate resources.

4. Adverse impact on non-unionized workers: In some cases, unions may negotiate deals that favor their members at the expense of non-unionized workers. This can create inequalities within the labor market, potentially leading to decreased motivation and productivity among non-unionized workers.

5. Business closures: If the costs associated with union demands become too burdensome for a company, it may choose to close its doors or relocate to a region with more favorable labor conditions. This can result in job losses and economic decline in the affected area.

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What are the dangers associated with having a high national debt?

Answers

Answer :

In addition to showing the path of future debt, CBO's Long-Term Budget Outlook described the consequences of a large and growing federal debt. The four main consequences are: Lower national savings and income. Higher interest payments, leading to large tax hikes and spending cuts.

Answer:

Explanation:

Lower income and economic opportunities for the people. Might lose investors and business opportunities.

Which activity most contributes to increased smog in the atmosphere?
A. underground mining
B. gasoline combustion
OC. agricultural irrigation
D. nuclear energy production


HELP PLEASE

Answers

Answer:

B. gasoline combustion

Explanation:

Smog is a term that refers to a combination of smoke and fog. It describes intense air pollution that blackens the atmosphere with a fog-like cloud. The major contributors of smog factories, power plants, and automobile exhaust.  From the list provided, gasoline combustion contributes most to the formation of smog. These are car exhausts, heavy machine emissions, and other equipment fueled by petrol or diesel.

In an answer of at least two well-developed paragraphs, define the terms shortage and surplus and explain how each impact the prices of goods in the marketplace.
I will make you brainliest and you'll get 25 points


Thank youuu. I know its a lot but I really need help. ​

Answers

a surplus is a market condition existing at any price where the quantity supplied is greater than the quantity demanded. a shortage is a market condition existing at any price where the quantity supplied is less than the quantity demanded. a shortage occurs when the quantity demanded is greater than the quantity supplied at current price. consumer surplus is the difference between the maximum price consumers are willing to pay for a product and the market price of the product.

forces of surplus and shortage guarantee that all other prices are temporary. each of these definitely impact the economy and the prices of goods. if there is a shortage, most likely the price is going to go up. if there is a surplus, the price most likely will go decrease

sorry if this didn't help!!!

As a marketer, one thing to keep in mind is that social media users are ______.

a. Loyal
b. Fickle
c. Interested in their favorite brands
d. Intense
e. Pragmatic

Answers

As a marketer, one thing to keep in mind is that social media users are Fickle.

Businesses of all sizes can effectively connect with potential customers and prospects through social media marketing. Social media is where people learn about, follow, and shop from brands; therefore, you are missing out, Your business can achieve remarkable success through effective social media marketing, resulting in brand advocates and even leads and sales.

You will learn: in this comprehensive guide to social media marketing: Benefits, statistics, and advice on what social media marketing is. How to develop and implement a social media marketing strategy. How to use the seven best social media marketing platforms. Digital marketing known as "social media marketing" makes use of popular social media networks to help you achieve your branding and marketing objectives. But it's not enough to just set up business accounts and post whenever you want. Social media marketing necessitates an adaptable plan with measurable objectives that include: optimizing and keeping up with your profiles. putting up images, videos, stories, and live videos that show off your brand and reach people who are interested. monitoring your reputation and responding to comments, shares, and likes. Build a community around your brand by engaging with followers, customers, and influencers. Paid social media advertising is another form of social media marketing that lets you advertise your business to a large number of highly targeted users for a fee.

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what will be the payback period for a new chemistry analyzer that costs $150,000 and produces an annual income of $420,000

Answers

The payback period for the new chemistry analyzer that costs $150,000 and produces an annual income of $420,000 will be approximately 0.36 years or 4.32 months.

To calculate the payback period, we need to divide the initial cost of the equipment by the annual net cash inflow, which is the income generated by the equipment minus any ongoing expenses associated with its operation.
Payback period = Initial cost of the equipment ÷ Annual net cash inflow
The annual net cash inflow in this case is $420,000 - $0 = $420,000 (since no ongoing expenses were mentioned in the question).Therefore, the payback period for the new chemistry analyzer is:
Payback period = $150,000 ÷ $420,000 = 0.36 years or 4.32 months (approx.)This means that the initial investment of $150,000 will be fully recovered in approximately 4.32 months from the start of operations.

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