Beyer Company is considering the purchase of an asset for $190,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. Year 1 Year 2 Year 3 Year 4 Year 5 Total Net cash flows $ 50,000 $ 31,000 $ 60,000 $ 140,000 $ 30,000 $ 311,000 Compute the payback period for this investment. (Cumulative net cash outflows must be entered with a minus sign. Round your Payback Period answer to 2 decimal place.)

Answers

Answer 1

Answer:

3.35 years

Explanation:

Computation of the payback period for this investment

Year Cash Inflow (outflow) Cumulative Net Cash Inflow (Outflow)

0 ($ 190,000) -

1 $ 50,000 $ 50,000

2 $ 31,000 $ 81,000

3 $ 60,000 $ 141,000

4 $ 140,000 $ 281,000

5 $ 30,000 $ 311,000

Payback period= 3.35 Years

OR

Payback period = 3 years + ($190,000 - $141,000)/$140,000

Payback period= 3 years + ($49,000/$140,000)

Payback period= 3 years + 0.35

Payback period= 3.35 years

Therefore the payback period for this investment is 3.35 years


Related Questions

If a perfectly competitive firm raises its price, the quantity demanded of its product ____________. a. diminishes temporarily in the short run b. falls to zero c. stays the same d. falls below marginal cost

Answers

Answer:

B. Fall to Zero

Explanation:

In a perfectly competitive market, product cost are all relatively the same. If a firm decides to raise its price on a product it's demanded quantity becomes relatively nonexistent due to the other competitors whos prices have either remained the same or even dropped in price.

Mannisto Inc. uses the FIFO inventory cost flow assumption. In a year of rising costs and prices, the firm reported net income of $219,017 and average assets of $1,413,720. If Mannisto had used the LIFO cost flow assumption in the same year, its cost of goods sold would have been $36,220 more than under FIFO, and its average assets would have been $31,640 less than under FIFO.

Required:
Calculate the firm's ROI under each cost flow assumption (FIFO and LIFO).

Answers

Answer:

a) Under the FIFO method:-

ROI = 15.49%.

Under LIFO method:-

ROI = 13.2%

Explanation:

ROI = Net Income * 100 / Avverage assets.

a) Under the FIFO method

[tex]ROI= \frac{219017*100}{1413720} \\ROI = 15.49[/tex]

ROI = 15.49%.

Under LIFO method

[tex]ROI= \frac{182797*100}{1382080} \\ROI=13.2%[/tex]

ROI = 13.2%

Net income Under LIFO= Net income under FIFO-Increased cost of goods sold

= $219017-$36,220= $182797.

Average assets under LIFO= Average assets under FIFO-Average assets that are less under LIFO

= $1413720 - $31,640= $1382080.

g e-Dynamix Technologies, another electronics manufacturing firm, in important factors such as manufacturing capability and adaptability to market conditions. Which of the following terms best describes Futura-Core's abilities in comparison to Core-Dynamix? A. absolute advantage B. collective bargaining C. comparative advantage D. competitive advantage

Answers

Complete Question:

Futura-Core Technologies, an electronics manufacturing firm, has advantages in financial capability and sustainability, but a disadvantage in speed of innovation. It is also at a disadvantage relative to Core-Dynamix Technologies, another electronics manufacturing firm, in important factors such as manufacturing capability and adaptability to market conditions.

Answer:

C. comparative advantage

Explanation:

Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.

Generally, comparative advantage gives a country or business firm a stronger sales margin than their competitors because they are able to sell their specific products or render their peculiar services at a lower opportunity cost.

Hence, the term which best describes Futura-Core's abilities in comparison to Core-Dynamix is comparative advantage.

What is the meaning of assessment

Answers

Answer:

the meaning of assessment is the evaluation or estimation of the nature, quality, or ability of someone or something. like your being tested on you knowledge of something, so you have a test.

Explanation:

Answer:

the act of judging or deciding the amount, value, quality, or importance of something, or the judgment or decision that is made.the evaluation or estimation of the nature, quality, or ability of someone or something.

For years, Luke has had the idea of making his own business. As Luke will realize, he will face three basic economic questions. What are these questions?

a. When, How, For whom
b. Who, when, why
c. What, How, for whom
d. What, When, How

Answers

d is the answerrrrrrr

The trial balance of Swifty Corporation at the end of its fiscal year, August 31, 2022, includes these accounts: Beginning Inventory $18,650; Purchases $227,110; Sales Revenue $208,200; Freight-In $9,560; Sales Returns and Allowances $3,440; Freight-Out $1,810; and Purchase Returns and Allowances $8,000. The ending inventory is $23,400.
Prepare a cost of goods sold section (periodic system) for the year ending August 31, 2022.

Answers

Answer and Explanation:

The preparation of the cost of goods sold section is presented below;

Beginning inventory $18,650

Purchases $227,110  

Less: Purchase return & allowances ($,8000)    

Add: Freight in $9,560  

Cost of goods available for sale $247,320

Less: Ending inventory  ($23,400)

Cost of goods sold $223,920

In this way it should be prepared

Anyina Corporation has an actual profit of $80,000. The break-even point is $500,000 and the variable expenses are 60% of sales. Given this information, the margin of safety, based on actual sales, is:

Answers

Answer:

Margin of safety = $200,000

Explanation:

Given:

Actual profit = $80,000

Break-even point = $500,000

Variable expenses = 60% of sales

Find:

Margin of safety

Computation:

Assume sales = a

So,

Variable expenses = 0.6a

Pv ratio = [(Sales - Variable expenses) / Sales]100

Pv ratio = [(a - 0.6a)/a]100

Pv ratio = 40%

Margin of safety = Profit / Pv ratio

Margin of safety = 80,000 / 40%

Margin of safety = $200,000

Suppose that the price of a cupcake is $4. At this price, 50 cupcakes will be demanded. If the price rises to $5 per cupcake, consumer surplus will

Answers

Answer: fall by less than $50.

Explanation:

The options are:

• fall by more than $50.

• fall by less than $50.

• rise by less than $50.

• rise by more than $50.

Expert Answer

Consumer surplus, is referred to as the economic measure of the excess benefit that a customer gets. The consumer surplus is the difference between the amount that the customer is willing to pay and the amount that he or she eventually pays.

Based on the question, the total Price paid is: 50 × $4 = $200

Total Revised Price = 50 × $5 = $250

Therefore, there will be a fall by $50 that's ($250 - $200).

Debt levels across industries vary widely. Debt ratios in most countries are considerably less than 100 percent. Some firms use no debt. Capital structures are fairly constant across industries. Most corporations have relatively low debt-asset ratios.

Answers

Complete Question:

Which one of the following is not empirically correct?

A. Debt levels across industries vary widely

B. Debt ratios in most countries are considerably less than 100 percent.

C. Some firms use no debt.

D. Capital structures are fairly constant across industries.

E. Most corporations have relatively low debt-asset ratios.

Answer:

The not empirically correct statement is:

D. Capital structures are fairly constant across industries.

Explanation:

Instead, the capital structures across industries vary significantly.  Firms with large asset investments tend to have more leverage than others with less asset investments.  And this situation of having or not having large investments in assets cuts across firms in the same industry.  This suggests that their capital structures will always vary not because of the industry but the choices made by the firm's management.  Capital structures are also influenced by taxes and operating income uncertainties, which also vary within the same industry.

Sheridan Corporation had 2020 net income of $798,000. During 2020, Sheridan paid a dividend of $2 per share on 33,200 shares of preferred stock. During 2020, Sheridan had outstanding 236,000 shares of common stock.

Required:
Compute Sheridan's 2020 earnings per share.

Answers

Answer:

$3.10 per share

Explanation:

Total preferred dividend = 33,200 shares * $2

Total preferred dividend = $66,400

Earning per share = (Net income - Preferred dividend) / Number of common stock outstanding

Earning per share = ($798,000 - $66,400) / 236,000 shares

Earning per share = $731,600 / 236,000 shares

Earning per share = $3.10 per share

On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the month:
Oct. 1 Jay Crowley transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, $30,600.
Oct. 2 Paid rent on office and equipment for the month, $2,750.
Oct. 3 Purchased supplies on account, $2,350.
Oct. 4 Paid creditor on account, $890.
Oct. 5 Earned sales commissions, receiving cash, $15,800.
Oct. 6 Paid automobile expenses (including rental charge) for month, $1,600, and miscellaneous expenses, $680.
Oct. 7 Paid office salaries, $2,000.
Oct. 8 Determined that the cost of supplies used was $1,150.
Oct. 9 Paid dividends, $2,800.
Required –
1. Journalize entries for transactions Oct. 1 through 9. Refer to the Chart of Accounts for exact wording of account titles.
2. Post the journal entries to the T accounts, selecting the appropriate date to the left of each amount to identify the transactions. Determine the account balances, after all posting is complete. Accounts containing only a single entry do not need a balance.
3. Construct an unadjusted trial balance as of October 31, 20Y6.
4. Determine the following:
a. Amount of total revenue recorded in the ledger.
b. Amount of total expenses recorded in the ledger.
c. Amount of net income for October.
5. Determine the increase or decrease in retained earnings for October.

Answers

Answer:

Affordable Realty

1. Journal Entries:

Oct. 1 Debit Cash $30,600

Credit Common Stock $30,600

To record the capital contribution of Jay Crowley.

Oct. 2 Debit Rent Expense $2,750

Credit Cash $2,750

To record the payment for monthly rent.

Oct. 3 Debit Supplies $2,350

Credit Accounts Payable $2,350

To record the purchase of supplies on account.

Oct. 4 Debit Accounts Payable $890

Credit Cash $890

To record the payment on account.

Oct. 5 Debit Cash $15,800

Credit Service Revenue $15,800

To record the receipt of sales commission for cash.

Oct. 6 Debit Automobile expenses $1,600

Debit Miscellaneous expenses, $680

Credit Cash $2,280

To record the payment of expenses.

Oct. 7 Debit Office salaries expenses $2,000

Credit Cash $2,000

To record the payment of office salaries for the month.

Oct. 8 Debit Supplies Expense $1,150

Credit Supplies $1,150

To record the supplies expenses for the month.

Oct. 9 Debit Cash Dividends, $2,800

Credit Cash $2,800

To record the payment of dividends.

2. T-accounts:

Cash

Date     Account Titles              Debit     Credit

Oct. 1   Common Stock       $30,600

Oct. 2  Rent Expense                            $2,750

Oct. 4  Accounts Payable                           890

Oct. 5  Service Revenue       15,800

Oct. 6  Automobile expenses                 1,600

Oct. 6  Miscellaneous expenses              680

Oct. 7  Office salaries expense             2,000

Oct. 9  Cash Dividends                          2,800

Oct. 31 Balance                                  $35,680

Common Stock

Date     Account Titles              Debit     Credit

Oct. 1   Cash                                          $30,600

Supplies

Date     Account Titles              Debit     Credit

Oct. 3  Accounts Payable     $2,350

Oct. 8  Supplies Expense                        $1,150

Oct. 31 Balance                                       $1,200

Accounts Payable

Date     Account Titles              Debit     Credit

Oct. 3   Supplies                                     $2,350

Oct. 4   Cash                             $890

Oct. 31  Balance                     $1,460

Service Revenue

Date     Account Titles              Debit     Credit

Oct. 5   Cash                                         $15,800

Rent Expense

Date     Account Titles              Debit     Credit

Oct. 2   Cash                           $2,750

Supplies Expense

Date     Account Titles              Debit     Credit

Oct. 8   Supplies                      $1,150

Automobile Expense

Date     Account Titles              Debit     Credit

Oct. 6   Cash                             $1,600

Miscellaneous Expense

Date     Account Titles              Debit     Credit

Oct. 6   Cash                             $680

Office Salaries Expense

Date     Account Titles              Debit     Credit

Oct. 7   Cash                         $2,000

Cash Dividends

Date     Account Titles              Debit     Credit

Oct. 9   Cash                           $2,800

3. Unadjusted Trial Balance as of October 31, 20Y6

Account Titles                  Debit       Credit

Cash                             $35,680

Supplies                            1,200

Common stock                             $30,600

Accounts payable                              1,460

Service revenue                              15,800

Rent expense                   2,750

Supplies expense              1,150

Automobile expense        1,600

Miscellaneous expense     680

Office salaries expense 2,000

Cash dividends              2,800

Total                           $47,860   $47,860

4. a. Amount of total revenue recorded in the ledger = $15,800

b. Amount of total expenses = $10,980

c. Amount of net income for October = $4,820 ($15,800 - $10,980)

5. Increase in retained earnings for October = $2,020 ($4,820 - $2,800)

Explanation:

a) Data and Analysis:

Oct. 1 Cash $30,600 Common Stock $30,600

Oct. 2 Rent Expense $2,750 Cash $2,750

Oct. 3 Supplies $2,350 Accounts Payable $2,350

Oct. 4 Accounts Payable $890 Cash $890

Oct. 5 Cash $15,800 Service Revenue $15,800

Oct. 6 Automobile expenses $1,600 Miscellaneous expenses, $680 Cash $2,280

Oct. 7 Office salaries expense, $2,000 Cash $2,000

Oct. 8 Supplies Expense $1,150 Supplies $1,150

Oct. 9 Cash Dividends, $2,800 Cash $2,800

Knowing what you have learned about customer service situations, why do win-lose situations often become lose-lose situations? What can an employee do to avoid this from occurring?

Answers

Answer:

Explanation:

In business a win-lose situation would mean that one is correct while the other is wrong. This often becomes a lose-lose situation because one party will get upset and refuse to do business with the other party, this means that one party ultimately loses out on the profit of the potential transaction and the other party loses out on the product/service that they wanted. Therefore, making it a lose-lose situation. The best thing that an employee can do is to de-escalate the situation and look for an alternative solution so that the customer leaves happy, the business gets the transaction, and they do not lose money or customers.

You are given the following facts about a 40% owner of an S corporation, and you are asked to prepare her ending stock basis.

Owner's beginning stock basis $36,800
Increase in AAA 32,000
Increase in OAA 6,300
Payroll tax penalty 2,140
Tax-exempt interest income 4,800
Life insurance premiums paid (nondeductible) 2,700
Owner's purchases of additional stock 22,000

Answers

Answer:

$74,120

Explanation:

Preparation of her ending stock basis

ENDING STOCK BASIS:

Beginning stock basis $36,800

Add:Increase in AAA $12,800

(.40 * $32,000)

Add:Increase in OAA $2,520

(.40 * $6,300)

Add:Stock purchase $22,000

Total Ending stock basis $74,120

Therefore her ending stock basis is $74,120

The cash account for Feldman Company contains the following information for April:

Cash balance, 3/31 $14,685
Cash received during April 55,680
70,365
Cash disbursements during April:
Cheque 7164 $33,500
Cheque 7165 11,250
Cheque 7166 18,750
Cheque 7167 900 64,400
Cash balance, 4/30 $5,965
The bank statement for April contains the following information:

Bank balance, 3/31 $25,285
Add: Deposits during April 55,680
80,965
Less: Cheques paid during April:
Cheque 7162 $8,900
Cheque 7163 1,700
Cheque 7164 33,500
Cheque 7165 11,250 55,350
Bank balance, 4/30 $25,615

Answers

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The accounting records of Whispering Winds Corp. show the following data. Beginning inventory 3,010 units at $6 Purchases 8,130 units at $8 Sales 9,090 units at $11. Determine cost of goods sold during the period under a periodic inventory system using the FIFO method, the LIFO method, and the average-cost method.

Answers

Answer:

$66,700

b. LIFO = $70800

67807.81

Explanation:

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

(8130 x 8) + [(9090 - 8130) x 6) = 70800

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold

(3010 x 6) + [(9090 - 3010) x $8] = 66,700

Average cost = [(3010 x 6) + (8130 x 8)] /

18060

48640

b 65040

5760

Enterprise mashup technology does not provide a mechanism to easily customize and share knowledge throughout the company.

a. True
b. False

Answers

I think it’s true hope this help
The answer is true. Hope it helped

Melanie is the director of human resources for a small manufacturing firm. She has a strong personal interest in technology, and is known throughout the firm as the one with the most knowledge about new kinds of communications technologies. If the firm decides to upgrade its network, Melanie will probably function in what role in the firm's buying center

Answers

Answer:

Influencer

Explanation:

An influencer is a person that has the ability to affect the purchasing decision of customers through their authority, position, relationship, or relationship.

They have good social relations and this is an asset in directing customer buying decision.

In the given scenario Melanie has a strong personal interest in technology, and is known throughout the firm as the one with the most knowledge about new kinds of communications technologies.

This knowledge will be beneficial in the buying centre, where she can be an influencer.

Green Thumb Nursery has 53,000 shares outstanding at a market price of $63.57 per share. The earnings per share are $3.57. The firm has total assets of $362,000 and total liabilities of $207,000. Today, the firm announced a share repurchase for $117,000 of its stock. What is the earnings per share after the repurchase

Answers

Answer: $3.70

Explanation:

Earnings per share = Net income / Number of shares

Net income = Earnings per share * Number of shares

= 3.57 * 53,000

= $189,210

The number of shares that Green Thumb bought back is:

= Stock repurchase amount / Market price of shares

= 117,000 / 63.57

= 1,840 shares

After the repurchase the number of shares is:

= 53,000 original shares - 1,840

= 51,160 shares

New EPS = 189,210 / 51,160

= $3.70

did juror 8 act as an objective force in the decision making process

Answers

Explanation:

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Installing an automated production system costing $300,000 is initially expected to save Zia Corporation $52,000 in expenses annually. If the system needs $7,500 in operating and maintenance costs each year and has a salvage value of $30,000 at year 10, what is the IRR of this system

Answers

Answer:

8.87%

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Cash flow in year 0 = $-300,000

Cash flow each year from year 1 to 9 = $52,000  - $7,500  = $44500

Cash flow in year 10 =  $44500 + $30,000 = $74500

IRR = 8.87%

To determine the value of IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

XYZ has the following for the January budget: Budgeted sales are $210,000; Cost of goods sold averages 66% of sales; Marketing costs are $3,600; Distribution costs are $5,300; Administrative costs are $10,100. The budgeted nonmanufacturing costs are

Answers

Answer:

Budgeted manufacturing cost= $138,600

Explanation:

Giving the following information:

Budgeted sales are $210,000

Cost of goods sold averages 66% of sales

To calculate the budgeted manufacturing costs, we need to use the following formula:

Budgeted manufacturing cost= sales*COGS ratio

Budgeted manufacturing cost= 210,000*0.66

Budgeted manufacturing cost= $138,600

Tại sao nói Marketing vừa là khoa học, vừa là nghệ thuật?

Answers

Answer:

Sorry I can't understand.....

Which type of communication technology is attractive to businesses
because it eliminates travel expenses by allowing simultaneous
communication globally?
O Groupware
Extranets
Intranets
Hotspots
Client-server networks

Answers

It is electronic conferencing

In the simple Keynesian model, there are three simplifying assumptions. Among these assumptions is: __________

a. the price level is flexible no foreign sector
b. the price level is constant until
c. the economy reaches its full-employment level
d. the money supply always rises b and c

Answers

Answer: B and C

No foreign sector

The price level is constant until the economy reaches its full-employment level

Explanation:

Keynesian economics refers to the theory that relates to total spending in the economy and how it affects output, Inflation and employment in the economy.

Assumptions of the Keynesian Model include:

• No foreign sector as economy is closed.

• Demand creates its own supply.

• The aggregate price level is fixed. ...

• The price level is constant until the economy reaches its full-employment level

• No retained earnings etc.

Assume that you have a three-year-old daughter and you have come to appreciate the power of saving and investing. Can you open up and put money into a Roth IRA in your child's name so that she can benefit from many years of compounding

Answers

Answer:

No.

You cannot open up and put money into a Roth IRA in your child's name.

Explanation:

The IRS allows that any child, regardless of age, can contribute to an IRA if they have earned income.  This means that only a child that has earned income can have an IRA opened for him or her.  As the child is still underage, the IRA must be set up as a custodial account by the parent or another adult. This implies that the child cannot operate the account during the period she is underage but can have money saved in the account from her earned income.

State and explain elements of organizational structure?

Answers

Answer:

Explanation:

Organizational structure could be explained as a connected workflow through which an organization is strategically setup to operate.

Five elements create an organizational structure: job design, departmentation, delegation, span of control and chain of command

Job design : This element allows the definition of individual job role, the demands of each job position, duties, responsibilities and the key performance indicators.

Departmentation : Here, individual job roles which seems similar and have similar requirement are grouped into a certain defined category called department. Deparmentation may be ascribed based on task, job role, task force and so on.

Delegation : This involves process handling and management, each process and logical department has to be headed by a defined individual or group of persons.

Span of control : Definitions control and authority such that delegates know their limits and when to initiate their organizational power.

Chain of command : This is crucial as organizations aee arranged and operated hierarchically, the command line is defined such that it makes reporting easier.

ce Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selling price $ 240 100 % Variable expenses 36 15 % Contribution margin $ 204 85 % Fixed expenses are $160,000 per month. The company is currently selling 1,100 units per month. Required: Management is considering using a new component that would increase the unit variable cost by $75. Since the new component would improve the company's product, the marketing manager predicts that monthly sales would increase by 600 units. What should be the overall effect on the company's monthly net operating income of this change if fixed

Answers

Answer:

Ace Corporation

The overall effect on the company's monthly net operating income of this change if fixed is a reduction:

= $5,100

Explanation:

a) Data and Calculations:

                                Per Unit  Percent of Sales

Selling price              $ 240          100 %

Variable expenses         36            15 %

Contribution margin $ 204           85 %

Fixed expenses are $160,000 per month

Current sales units per month = 1,100 units

Expected increase in unit variable cost = $75

New variable cost per unit = $111 ($36 + $75)

Expected increase in sales units per month = 600 units

New sales units per month = 1,700

                                    Old Component   New Component   Overall Effect

Sales revenue                  $264,000          $408,000

Variable costs                       39,600             188,700

Contribution margin        $224,400          $219,300

Fixed expenses                  160,000            160,000

Net operating income       $64,400           $59,300                 -$5,100

When Dianna does not know the outcome of each alternative until she has actually chosen that alternative, she is facing conditions of uncertainty time pressures confirmation bias emotional intelligence escalation of commitment

Answers

Answer:

uncertainty

Explanation:

Uncertainty is the inability of a person to know the outcome of a decision or a line of action.

One does not have a certainty of how things will turn out in a given situation.

In the given instance where Dianna does not know the outcome of each alternative until she has actually chosen that alternative, she is facing a condition where she is not certain of the outcome of any alternative

Warner Company purchases $52,200 of raw materials on account, and it incurs $62,200 of factory labor costs. Supporting records show that (a) the Assembly Department used $31,900 of the raw materials and $44,200 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. g

Answers

Answer and Explanation:

The journal entry is given below:

Work in process - finishing department $28,800 ($62,200 - $44,200) × 160%

Work in process - assembly department $70,720 ($44,200 × 160%)

    To Manufacturing overhead $99,520

(Being the overhead allocated to assembly and finishing department)

Here the work in process is debited as it increased the assets and the manufacturing overhead is credited as it decreased the expesne

Bush Company reported net income of $60,000 for the year. During the year, accounts receivable decreased by $8,000, accounts payable increased by $4,000 and depreciation expense of $5,000 was recorded. Net cash provided by operating activities for the year is Group of answer choices

Answers

Answer:

Net income from operating activities = $77000

Explanation:

Below is the calculation for Net income from operating activities:

Given the net income = $60000

Decrease in accounts receivable = $8000

Increase in accounts payable = $4000

Depreciation = $5000

Add the values in the net income in order to get the net income from operating activities.

Net income from operating activities = 60000 + 8000 + 4000 + 5000

Net Income from operating activities = $77000

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