Sandy's Soda Co. is planning to purchase new equipment that costs $56,000 and will save on operating costs for the next 5 years as follows: $21,500 in year 1; $23,100 in year 2; $19,000 in year 3; $13,900 in year 4; and $15,200 in year 5. The payback period for the cooling equipment is ______ years.
Answers
Answer:
It will take 2.6 years to cover the initial investment.
Explanation:
Giving the following information:
Initial investment= $56,000
Cash flows:
Cf1= $21,500
Cf2= 23,100
Cf3= $19,000
The payback period is the time required to cover the initial investment.
Year 1= 21,500 - 56,000= -34,500
Year 2= 23,100 - 34,500= -11,400
Year 3= 19,000 - 11,400= $7,600
To be more accurate:
(11,400/19,000)= 0.6
It will take 2.6 years to cover the initial investment.
The payback period is the time interval or the time taken by the business to recoup its investment amount and earn profits after the determined payback period. It is the measurement tool used by the investors and financial experts to know the investment returns.
The payback period for the cooling equipment is 2.6 years.
Computation:
Given:
Initial investment= $56,000
Cash flows of 5 years.
The payback period schedule is attached in the image below.
[tex]\text{Payback period}=\text{Year of payback}+\dfrac{\text{Final amount}}{\text{Cash flow of next year}}\\\\=2\;\text{years}+\dfrac{\$11,400}{\$19,000}\\\\=2.06\;\text{years}[/tex]
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Related Questions
You work in sales, and you find your work to be more of a lifestyle than a job. It often involves complex customer situations and weeks of preparation and problem solving to help find workable solutions for those situations. You enjoy it because it enables you to travel to many places and interact with people continuously. However, much of your work involves careful follow-up after your customer visits. Which personal sales channel have you chosen as a career
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There are different aspect of sales. The personal sales channel have you chosen as a career is Field selling.
There are different kinds of selling. they include;
Transactional sellingConsultative sellingField selling Collaborative selling, etc.Field marketing which is commonly described as field selling is known to be an old method in direct marketing. It is when people are involved in distributing, auditing, selling etc., on the field. It is known to be a one-way communication tool.
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Wilbur has $800 to open a checking account. He can maintain a minimum balance of at least $500. He plans to use the ATM twice a month and he maintains a savings account at the same bank. His employer has direct deposit and he sometimes overdrafts his account. Bank Account Terms and Conditions Bank Account terms and conditions. Bank A is best for Wilbur. Wilbur wants a checking account with the lowest fees. Which checking account would be best for Wilbur? Account A Account B Account C Account D.
Answers
Answer:
Account A
Explanation:
It should be noted that the checking account that would be best for Wilbur is Account A.
A checking account simply means a type of bank account that allows one to easily deposit and withdraw money to carry out transactions.
From the complete information, it can be noted that Wilbur wants a checking account with the lowest fees. Therefore, the best option that should be chosen is Account A.
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StayWell Health Insurance is offering a plan with a monthly premium of $240, a deductible of $6500, and maximum out-of-pocket expenses of $10,000. Which of the following people is that plan BEST suited for? *
Answers
The question is about the StayWell Health Insurance plan.
The plan requires a premium to be paid of $240, for a coverage of upto $10,000. The plan can suit the person that can easily afford $240 per month and is expected to claim the out of pocket expenses of $10,000.
A person who's income is more than $1,000 can be suitable for this Health Insurance plan, A person who's income is less than $1,000 can be reluctant to pay $240 as an insurance premium per month when the person have other expenses for example rent, grocery etc.
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Select the two statements about owners of equity in a business that are TRUE.
1.Contractors own equity.
2.A Partner owns equity.
3.All stakeholders own equity.
4.Founders own equity.
Answers
Answer:
2 and 4
Explanation:
Contractors are people who work for the company, but are not employees. They don't own equity.
A partner is one of the shareholders in a company, and owns equity.
Stakeholders are anyone with an interest in the company's success, including its clients. They don't necessarily own equity.
The founder owns all of the equity until she takes on partners, who then own part of the equity.
A Partner owns equity and Founders own equity are the two statements about owners of equity in a business that are TRUE. The correct option is 1 and 2.
Equity in a company refers to ownership interests. Equity is typically held by partners and founders to represent their ownership stake in the business. While founders are the original creators or co-creators of the business, partners are people who share ownership and responsibility in a business venture.
On the other hand, contractors may offer services to the company but usually do not hold ownership rights. The phrase "all stakeholders" refers to a wide range of people and organizations that are impacted by the business, including staff members, clients, vendors and investors. Despite the fact that some stakeholders may have equity ownership not all of them will. As a result the statements that partners and founders own equity in a business are true.
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#SPJ3
Cam some plz make the journal of it?
I will mark it as a brainliest
Answers
Answer:
Hey will you marry me? serious question
The requirement for independent verification of a customer's identity when opening an account can be satisfied by examining a copy of the customer's: A birth certificate B driver's license C employer ID D latest federal tax return
Answers
Answer:
umm c I guess maybe hahhaha
Which information is found on a credit report?
CO
FE
O grade point average
O list of schools attended
o names of family members
o credit account history
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Not Answered Question Workspace A family on a trip budgets $800 for meals and hotel accommodations. Suppose the price of a meal is $40. In addition, suppose the family could afford a total of eight nights in a hotel if they don't buy any meals. How many meals could the family afford if they gave up two nights in the hotel
Answers
Based on the amount budgeted and the costs of meals and the hotel, if the family gave up two nights, they could afford 4 meals.
The family can afford 8 nights at the hotel if they gave up meals. This means that the cost of a night at the hotel is:
= Total cost / Nights at hotel
= 800 / 8
= $100 per night
If the family gave up two nights, they would have $200 to spend on meals which means they will afford:
= 200 / 40 per meal
= 5 meals
In conclusion, the family would afford 5 meals.
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How can I tutor at age 11?
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which is one advantage of private insurance offered by most employers
Answers
Answer: A managed care plan that keeps costs low
Explanation:
I took the test
An employee at an auto repair garage proposes a new, efficient way to
safely dispose of used motor oil. This is an example of
O Creativity and Innovation.
O Teamwork.
O Work ethic.
O Critical thinking and problem solving.
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what is represented by the distance between two vertical white gridlines on this graph?
Answers
The information which is represented by the distance between two (2) vertical white gridlines on the graph in the image attached is: a time span of 50 years.
A graph can be defined as the graphical representation of data (information) on both the horizontal and vertical lines, which are x-axis and y-axis respectively.
In this scenario, the x-coordinates is used to represent time in years ranging from 1500 to 2050.
On the other hand, the y-coordinates is used to represent the total population in billions.
From the graph, we can deduce that each point of the vertical white gridlines with respect to another represent a time span of 50 years.
For example:
[tex]Time\;span = 1950-1900[/tex]
Time span = 50 years.
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Match the phrase that follows with the term (a-e) it describes. integrated set of operating and financing budgets for a period of time estimates the number of units to be manufactured to meet sales and inventory levels shows expected results at several activity levels begins by estimating the quantity of sales shows expected results at only one activity level 1. static budget 2. flexible budget 3. master budget 4. sales budget 5. production budget
Answers
1. Master budget: it is an integrated set of operating and financing budgets for a period of time.
2. Production budget: it estimates the number of units to be manufactured to meet sales and inventory levels.
3. Flexible budget: it shows expected results at several activity levels.
4. Sales budget: it begins by estimating the quantity of sales.
5. Static budget: it shows expected results at only one activity level.
A budget can be defined as a financial plan that is used for the estimation of revenue and expenditures of an individual, organization or government, especially for a specified period of time, often one (1) year.
Basically, there are different types of budget and this include:
1. Master budget: it comprises an integrated set of both investing, operating and financing budgets for a specified period of time, often one (1) year.
2. Production budget: it estimates the number of units to be manufactured by a business firm, so as to meet budgeted sales and inventory levels.
3. Flexible budget: it shows expected results of a business firm (responsibility center) at several activity levels.
It is also referred to as variable budget and it's used both before and after a period's activities are completed.4. Sales budget: it begins by estimating the quantity of sales.
Once the quantity of sales are estimated, the sales revenue that are expected is calculated by multiplying the expected unit sales price by the volume.5. Static budget: it shows expected results of a business firm (responsibility center) at only one activity level.
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6. Which of the following are examples of possible fixed costs? Rent Property taxes Both of the above ONone of the above 3
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A city's water division generated $1.5 million in revenue. It reported expenses of $1 million, which included $200,000 paid to an internal service fund. The water division also transferred $50,000 to the general fund. What amount is the water division's change in net position on the statement of revenues, expenses, and changes in fund net position
Answers
The water division's change in net position on the statement of revenues, expenses, and changes in fund net position amount is $450,000.
Using this formula
Change in net position=Revenue-Expenses-Transfer to general fund
Where:
Revenue=$1.5 million
Expenses=$1 million
Transfer to general fund=$50,000
Let plug in the formula
Change in net position=$1.5 million-$1 million-$50,000
Change in net position=$450,000
Inconclusion the water division's change in net position on the statement of revenues, expenses, and changes in fund net position amount is $450,000.
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Miguel has been working at his job for 3 years and already filled out a W-4 when he was first hired. This year, he just got married and is planning on filing his taxes jointly with his spouse. What should he do?
Keep the same information on his W-4
Wait until next April to fill out a new W-4
Request to fill out a new W-4 from his employer
Email his HR department that they need to update his W-4
Answers
Based on the information regarding the W-4, the thing that should be done next will be C. Request to fill out a new W-4 from his employer.
The W-4 form simply tells the employer, the filing status of the employee, amount of credits, multiple jobs adjustment, amount of other income, deductions, etc that are needed to compute the federal income tax.
Since Miguel was single when he started working with the company but was now married, he should request to fill out a new W-4 from his employer.
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Considering the situation described above, what Miguel should do is to "Request to fill out a new W-4 from his employer."
What is W-4 Form?The W-4 form is the form that is filled by the employee and submitted to the employer to show the filing status, numerous jobs modifications, amount of credits, other income, deductions, and any other amount to withhold from each paycheck to determine the amount of federal income tax to remove and withhold from the employee's salary.
Therefore given that Miguel just got married and is planning on filing his taxes jointly with his spouse, despite having already filled out a W-4 when he was first hired, then action expected from him is to "request to fill out a new W-4., from his employer."
Hence, in this case, it is concluded that the correct answer is option C.
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Suppose that Lebanon has placed tariffs on its imports and exports. The import tariff is 13%, and the export tariff is 8%. If Lebanon has a balance of trade of (equivalent US dollars) $5,510,000 and received tariff revenue of $4,019,200, what are its imports and exports worth? a. $30,916,923 in imports, $50,240,000 in exports b. $17,040,000 in imports, $22,550,000 in exports c. $6,226,300 in imports, $5,950,800 in exports d. $4,793,700 in imports, $5,069,200 in exports.
Answers
The worth of imports and exports in reference to the balance of trades is $17,040,000 for imports and $22,550,000 for exports.
Computation of total amount of imports and exportsGiven,
[tex]I[/tex] =Import tariff 13%
[tex]E[/tex]=Export tariff 8%
[tex]TB[/tex] =Trade balance of $5,510,000
[tex]TR[/tex] =Tariff revenue received of $4,019,200
First, two equations will be formed:
1. Trade Balance:
[tex]TB=E-I[/tex]
2. Tariff revenue:
[tex]TR=E+I[/tex]
The two equations with the given values are as follows:
1. [tex]E-I=\$5,510,000[/tex]
2. [tex]0.08E+0.13I=\$4,019,200[/tex]
Using both the equations the value [tex]E, I[/tex] are computed as follows:
Equation 1. can be written as:
[tex]E=\$5,510,000+I[/tex]
Putting the changed Equation 1. in equation 2.
[tex]\begin{aligned}0.08(\$5,510,000+I)+0.13I&=\$4,019,200\\\$440,800+0.08I+0.13I&=\$4,019,200\\0.21I&=\$3,578,400\\I&=\$17,040,000\end{aligned}[/tex]
Now, putting the value of [tex]I[/tex] in equation 1:
[tex]\begin{aligned}E-\$17,040,000&=\$5,510,000\\E&=\$5,510,000+\$17,040,000\\E&=\$22,550,000\end{aligned}[/tex]
Therefore, option b. $17,040,000 in imports, $22,550,000 in exports is correct.
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Answer:
(B) $17,040,000 in imports, $22,550,000 in exports
Explanation:
What are the dimensions of situational control identified by Fiedler's contingency leadership model? (Check all that apply.)
Answers
There are ways to control different situations. The dimensions of situational control Fiedler's contingency theory are leader-member relations, task structure, and position power.
Fiedler's is popularly known for his contingency theory. This theory helps to understand why managers can behave so differently.
The contingency theory states that there no one single leadership style often works for all employees.
He stated also that there are situational-contingent elements that influences a leader's ability to lead.
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current assets minus current liabilities is called
Answers
Answer:
working capital also called net working capital (NWC)
If the Fed raises the interest rate, this will ________ inflation and ________ real GDP in the short run.
Answers
Answer:
reduce; lower
Explanation:
If this helped, please give brainliest answer! Thanks!
Whenever you go into your local grocery store, your purchases are rung up using hardware that is a ______ system. The data from these purchases are likely to be acquired by leading marketing research firms.
Answers
Whenever you go into your local grocery store, your purchases are rung up using hardware that is a Scanner system. The data from these purchases are likely to be acquired by leading marketing research firms.
A scanner system is often in used in businesses to crosscheck the items that were purchased by the buyers. This helps to prevent theft and detect any other dishonest activities.
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Describe which fiscal policies of the U.S. Congress would be considered expansionary actions and which would be contractionary actions
Answers
Answer:
Congress acts to cut tax rates or increase government spending, shifting the aggregate demand curve to the right.
Explanation:
Contractionary fiscal policy occurs when Congress raises tax rates or cuts government spending, shifting aggregate demand to the left.
Which of the following could result in higher living costs for the homeowner that the renter doesn’t have? a. Decreased property value b. Down payment c. Maintenance d. Monthly payment.
Answers
Maintenance could result in higher living costs for the homeowner that the renter doesn't have.
The homeowners are more beneficial as compared to renters because the homeowners own the house as the property or the assets or can be called as the possession.
Who are the renters?The renter is the person who takes a room or part of the house at rent and pays for the area that is utilized by the individual.
The maintenance cost is the additional cost that is paid by the renter to the homeowner in order to keep the rooms and the house well maintained.
Therefore, the correct answer is C.
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Choose Yes or No to tell if the number 104 will make each equation true.
17 × □ = 1,700
Choose...
6 × □ = 60,000
Choose...
30 × □ = 300,000
Choose...
205 × □ = 205,000
Answers
Answer:
❤I gotcha bro bro
Explanation:
1.No
2.No
3.No
4.No
Your question needs to be more informative and you need more tutoring on Math no offense just Advice
6 * 4 + 43 w/ solutions
net programming (tle)
Answers
Answer:
24+43wExplanation:
Consumer research aims at finding patters of customer usage.
True or false
Answers
Answer:
...True...
Explanation:
Consumer research aims at finding patters of customer usage.
The stock in Bowie Enterprises has a beta of .91. The expected return on the market is 12.10 percent and the risk-free rate is 2.97 percent. What is the required return on the company's stock
Answers
Answer:
3 . 9 %
Explanation:
the ceo of what company stepped down this week, after having co-founded the business and led it from 2006-2008 and from 2015-2021?
Answers
The CEO of Twittter stepped down after having co founded the business and led it from 2015 to 2021.
The CEO of twittter is Jack Dorsey. He is an American. After he stepped down, the technological app was handed over to the Chief Technological officer as his replacement.
The reason why the co-founder decided to step down was due to his plans to focus on philanthropy and also to focus on crypto currency.
This came 15 years after the company was founded.
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Global Petroleum negotiated a deal with Saudi Arabia in which Global Petroleum would build several refineries in Saudi Arabia and receive oil as partial payment over a 20-year period. This is an example of
Answers
Considering the situation described above, when Global Petroleum negotiated a deal with Saudi Arabia, this is an example of Bartering.
What is a Bartering?Bartering is a transaction agreement whereby both parties agree to pay with goods or services without using money.
Therefore, in this situation, when Global Petroleum negotiated with Saudi Arabia to receive oil as partial payment over 20 years. This is an example of Bartering.
Hence, in this case, it is concluded that the correct answer is Bartering.
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Typically, certain employees of an organization get texts that update them on various IT activities. If there is a support ticket or downtime, they will receive texts to let them know about the activity. They have started to receive some messages via text instructing them to call the IT help desk at the provided number. When they call the help desk number, a recording asks them for their employee ID. Assuming that the IT department did not send those texts, which of the following social engineering attacks is this?
a. Smishing
b. Whaling
c. Spimming
d. Vishing
Answers
The text represents an example of the vishing social engineering attack.
Vishing is a term to refer to the fraudulent practice that consists of the use of the conventional telephone line and social engineering to deceive people and obtain sensitive information such as financial information or information useful for identity theft.
According to the above, it can be inferred that the described situation is an example of vishing because employees are forced to call a line where they ask for private information that could put them at risk of security.
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