The Cavendish Company is considering a project with an initial investment of $8 million that has an accounting rate of return of 25%. The project will generate an annual net cash flow of $1.75 million and annual net operating income of $2 million. What is the project's payback period?

Answers

Answer 1

Answer:

4 years and 2 months

Explanation:

The project's payback period is the length of time that the future cash flows take to equal the initial investment of the project.

Initial Investment = $8 million

Annual cash flows = $1.75 million

It will take 4 years and 2 months ($1 million /$8 million x 12) for annual cashflows to equal the Initial Investment of $8 million.


Related Questions

A consol is a bond that: a. Pays a fixed annual coupon amount, and when originally issued, is set to mature in 30 years. b. Pays a fixed annual coupon amount, and when originally issued, is set to mature in 50 years. c. Does not pay an annual co

Answers

Complete Question:

A consol is a bond that:

a. Pays a fixed annual coupon amount, and when originally issued, is set to mature in 30 years.

b. Pays a fixed annual coupon amount, and when originally issued, is set to mature in 50 years.

c. Does not pay an annual coupon (i.e., the annual coupon payment is $0) but when it matures pays out the par value of the bond.

d. Does not pay an annual coupon (i.e., the annual coupon payment is $0) and never matures.

e. Pays a fixed annual coupon amount forever.

Answer:

A consol is a bond that:

e. Pays a fixed annual coupon amount forever.

Explanation:

This debt instrument issued by the government does not have any scheduled date for the return of principal, but it pays perpetual interest payments without any maturity date.  It is a perpetual annuity.  The government determines when to repay the principal if it so chooses.  This implies that the holders continue to receive annual interests.

Administrative:

A client named Sarah sent you an email regarding an error on
their invoice. You are not sure what went wrong, but you have to respond. What
would you say? *

Your answer

Answers

Answer:

Can you say what is the error

hope that helps you

please mark brainliest

please follow

The production planning department has developed the forecast for End Item A for periods 1-7 as 240, 345, 320, 275, 315, 330, 340. You can use the tables provided on the following pages. (a) Determine the planned order releases for Component B, which is planned on a lot-for-lot basis. Indicate your answer here.

Answers

Answer:

.........................................................

Explanation:

..............................................

explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibility and triple bottom line​

Answers

When people loot shops it shows that they are irresponsible and it goes on to destroy the image of the society they live, destroys a business by taking away their means of making profit.

Social responsibility can be described as the civic and ethical duties that citizens of a country owe to the nation they live.

The three bottom principle has the profit, people and the planet. The looting of shops draws a line between consumers relationships and their social responsibility.

Read more on https://brainly.com/question/24390230?referrer=searchResults

Paris Summer 20 Company sells small laptops. Based on the information below, calculate the Break even point in sales dollars for the year.

Selling price per unit $150
Variable cost per unit $60
Fixed Costs per year $21,000

Answers

Answer:

boijfadjjjawiodjAIOWjiJAWOIjoiaesjoisejoijeicjjls

Explanation:

Repetitive sequences of activities that express and reinforce the key values of the
organization, identify important goals and people are referred to as
A) rituals.
B) stories.
C) material symbols.
D) cultural typologies.

Answers

Repetitive sequences of activities that express and reinforce the key values of the  organization, identify important goals and people are referred to as  A) rituals.

For an organization, these rituals are called organizational rituals.

Organizational rituals are repetitive activities and behaviors which an employee is expected to undertake in the organization because these activities and behaviors demand clear performance.

As standardized or predictable behaviors and activities, organizational rituals are required to be performed by all employees in order to perpetuate the values that the organization has accepted as means of achieving its goals.

Organizational rituals align an individual employee with others in the organization, thereby creating a shared experience and a sense of common identity that ensure the organization's survival.

Thus, rituals help to ensure that an organization is maintained for its mission.

Learn more about organizational rituals here: https://brainly.com/question/19801821

One large bakery still receives flour in 25-pound bags from their own company's warehouse. They use an average of 5500 bags a year. The production step that uses these bags use 35 bags per day while the usage is 16 bags per day. It costs $12.00 to configure the machines for each run. Annual carrying costs are $7.50 per bag. What will be their average number of bags on hand if they request the EPQ bags in each order

Answers

Answer:

48.87 bags

Explanation:

First, we need to calculate the EPQ as follow

EPQ = [tex]\sqrt{\frac{2 D S }{H(1-d/p)}}[/tex]

Where

D = Annual Demand = 5500

S = Setup cost = $12

H = Carrying cost = $7.5

d = Daily usage = 16

p = Daily production = 35

Placing value sinthe formula

EPQ = [tex]\sqrt{\frac{2 X 5500 X 12 }{7.5(1-16/35)}}[/tex]

EPQ = [tex]\sqrt{\frac{132000 }{4.07142857}}[/tex]

EPQ = [tex]\sqrt{32421.05}[/tex]

EPQ = 180.06

Now Calculate the average number of bags in hand as follow

Average Number of Bags = [tex]\frac{EPQ}{2} X ( 1 - d/p )\\[/tex]

Placing values in the formula

Average Number of Bags = [tex]\frac{180.06}{2} X ( 1 - 16/35 )\\[/tex]

Average Number of Bags = 48.87

Kelly, a human resource specialist, has been asked to investigate complaints that an employee is bullying co-workers. Kelly is obligated to protect this employee's privacy by ensuring that any information gathered is relevant to the complaint.

a. True
b. Falsebu

Answers

False and its not wrong

The records of Pippins, Inc., included the following information: Net sales $ 1,000,000 Gross margin 475,000 Interest expense 50,000 Income tax expense 80,000 Net income 240,000 Compute the times interest earned ratio, rounded to the nearest decimal.

Answers

Answer:

the times interest earned ratio is 7.4 times

Explanation:

The computation of the times interest earned ratio is given below/;

Times interest earned ratio is

= EBIT ÷ interest expense

where

EBIT = Net Income + Interest Expense + Income tax Expense

= 240,000 + 50,000 + 80,000

= 370,000

Now the times interest earned ratio is

= $370,000 ÷ $50,000

= 7.4 times

Hence, the times interest earned ratio is 7.4 times

price strategy of aquafina

Answers

aquafina adopts a competitive strategy in it’s marketing mix… it provides good quality of product and low calorie drinking water. gives an advantage over other brands

A business school has 15 full-time faculty and seven of them have tenure. A random sample of six faculty are randomly selected to form a committee. What is the probability that exactly three of the faculty on the committee have tenure?

Answers

The probability where exactly three of the faculty have tenure is 0.3916.

The computation of the probability where exactly three of the faculty have tenure is given below:

Since there are 6 faculty from 15 should be chosen so it should be [tex]^{15}C_6[/tex]

Now there are 3 faculty from 7 should be chosen so it should be [tex]^{7}C_3[/tex]  

Now the probability is

[tex]= \frac{^7C_3 \times ^8C_3}{^{15}C_6}[/tex]

= 0.3916

Therefore we can conclude that the probability where exactly three of the faculty have tenure is 0.3916.

Learn more about the probability here: brainly.com/question/11234923

Both Sue and Joe are students. Your friend Sue has $20,000 of credit card debt (25% interest charge compounded monthly). Sue plans on paying $400 per month over the next 10 years on this credit card. Your other friend Joe has $40,000 of student loan debt (15% interest charge compounded monthly). Joe plans on paying $645.34 each month for the next 10 years.
A) Which person, Sue or Joe, do you feel will pay the most interest expense and why?
B) Which person (Joe or Sue) has the worst debt situation?

Answers

Answer:

A)

Joe will pay the most interest expense because he is paying more interest than Sue.

B)

Sue has the worst debt situation because he is paying a higher interest rate as compared to Joe.

Explanation:

A)

First Calculate the interest payment of both as follow

Interest Payment = Total Installment Payment - Debt Value

Sue

Interest Payment = ( $400 per month x 10 years x 12 months per year ) - $20,000 = $48,000 - $20,000 = $28,000

Joe

Interest Payment = ( $645.34 per month x 10 years x 12 months per year ) - $40,000 = $77,440.8 - $40,000 = $37,440.8

Joe will pay more interest expense as compared to Sue.

B)

Sue has the worst debt situation because he is paying a higher interest rate as compared to Joe.

Articles of the code of ethics are broad statements of ethical principles and the standards of practice support, interpret and amplify the respective articles

Answers

Answer: True

Explanation:

The Code of Ethics is the detailed document where the professional responsibilities of every professional is written. It should be noted that the Code of Ethics is made up of seventeen Articles and their related Standards of Practice.

The Articles of the code of ethics are broad statements of ethical principles while the standards of practice support, interpret and amplify the respective articles. Therefore, the Statement is true.

The statement given in the query holds true and the code of ethics are a set code of instructions that are to be followed by the business professionals in the manner as prescribed.

The code of ethics are a set manner of instructions that are like a law book to be followed by the different kinds of businessmen and professionals of their field.

Code of ethics are given by the respective authoritative institutes of which such businessmen or professionals are the members. it implies the way in which the practice can be done.

Code of ethics contain respective articles for communication, outfit and attire, verbal and written communication and all such other fields which contribute to the maintained decency in the professional conduct.

They are generally different for professionals of different streams. Like they are different for superiors and subordinates of the same organization as well given their subjective roles.

Hence, the statement given about the code of ethics above holds true that they must be followed and acted accordingly and implied at each stage of practice.

To know more about code of ethics, click the link below.

https://brainly.com/question/3010649

At the end of 2010 Jarrett Corp. developed the following forecasts of net income:

Year Forecasted Net Income
2011 $20,856
2012 $22,733
2013 $24,552
2014 $27,252
2015 $29,978

Management believes that after 2015 Jarrett will grow at a rate of 7% each year. Total common shareholders' equity was $112,768 on December 31, 2010. Jarrett has not established a dividend and does not plan to paying dividends during 2011 to 2015. Its cost of equity capital is 12%.

Required:
Compute the value of Jarrett Corp. on January 1, 2011, using the residual income valuation model.

Answers

Answer:

$83,057.11  

Explanation:

The value of the company is the present value of its residual income where the residual income is the net income in each year minus the implicit cost of capital

residual income=net income-(cost of equity capital*beginning shareholders' equity)

2011:

residual income=$20,856-( $112,768*12%)

residual income=$7323.84

stockholders' equity at the end of 2011=$112,768+$20,856=$133,624  

2012

residual income=$22733-( $133624 *12%)

residual income=$6,698.12  

stockholders' equity at the end of 2012=$133,624+$22733=$156,357  

2013:

residual income=$24552-(12%*$156357)

residual income=$5,789.16  

stockholders' equity at the end of 2013=$156,357+$24552=$180,909

2014;

residual income= $27252-(12%*$180909)

residual income=$5,542.92

stockholders' equity at the end of 2014=$180,909+$27252=$208,161

2015:

residual income=$29,978-(12%*$208161)

residual income=$4,998.68  

Terminal value of residual income=2015 residual income*(1+terminal growth rate)/(cost of equity-terminal growth rate)

Terminal value of residual income=$4,998.68*(1+7%)/(12%-7%)=$106,971.75  

value of the company=$7323.84/(1+12%)^1+$6,698.12/(1+12%)^2+$5,789.16 /(1+12%)^3+$5,542.92/(1+12%)^4+$4,998.68/(1+12%)^5+$106,971.75/(1+12%)^5

value of the company=$83,057.11

Smith Construction,Inc.just paid a $2.78 dividend.The dividend is expected to grow by 4% each year for the next three years.After that the company will never pay another dividend ever again.If your required return on the stock investment is 10%,what should the stock sell for today?
A) $7.46
B) $28.91
C) $46.33
D) $15.63

Answers

Answer:

A) $7.46

Explanation:

The computation of the stock sell for today is given below:

D1 = 2.78 × (1.04)

= 2.89

D2 = 2.89 × (1.04)

= 3.01

D3 = 3.01 × (1.04) = 3.13

Now the price of the stock is

= 2.89 ÷ (1.1) + 3.01 ÷ (1.1)^2 + 3.13 ÷ (1.1)^3

= $7.46

hence, the correct option is a.

The same should be considered and relevant

1. Managerial Internal (Inside) accounting information reports are generally prepared for A) Stockholders or Shareholders B) Creditors, Lenders, or Banks C) Managers. D) Regulatory Agencies, like the IRS or SEC

Answers

Answer:

C) Managers

Explanation:

Managerial accounting is the accounting that concern with the information received via financial accounting inside the organization. The accouting reports that could be applied for planning, decision making and measuring the performance of the company

So if the managerial accounting information reports are prepared internally so it is for the managers to analyze the overall performance of the organization

Hence, the option c is correct

What are products that consumers had not planned to buy but are persuaded to buy at the very last minute to pick up and put in
their trolley or basket.
A
Staple products
B
o
Impulse products
С
Emergency products
D
0
Specialty

Answers

Answer:

A new coffee shop is being built. Its location is the reflection of the arcade's coordinates across

the y-axis. Which procedure will find the correct distance between the arcade and the new coffee shop

The products that consumers had not planned to buy but are persuaded to buy at the very last minute to pick up and put in are called Impulse products. Therefore, option B is correct.

What are the Impulse products?

The term "Impulse products" generally refers to consumer products that are purchased on a whim, often at the point of sale, without much prior planning or consideration. These products are typically low-cost, easily consumable, and marketed in a way that appeals to consumers' emotions or desires in the moment.

Examples of Impulse products can include candy, gum, magazines, small accessories, and other items that are often found near the cash register in stores. These products are often placed in prominent displays or packaging designed to catch the shopper's eye and generate an impulse purchase.

In addition to traditional retail settings, Impulse products can also be sold online or through mobile apps, where they may be advertised as "flash sales," limited-time offers, or one-time deals that create a sense of urgency and encourage immediate action.

Overall, Impulse products can be a lucrative sales category for retailers, as they capitalize on the emotional and spontaneous nature of consumer behavior.

Learn more about Impulsive decision here:

https://brainly.com/question/30338925

#SPJ2

Denny works for Engineers, P.A. While working on an Engineers project, Denny is injured. Under state workers' compensation laws, he will be compensated only if the injury was:________.
a. incidental
b. material
c. accidental
d. intentional

Answers

Answer:

c. Accidental

Explanation:

Since in the given situation it is mentioned that denny worked for enginners and at the time of working on an engineer project denny is injured so as per the state worker compensation loan he would be compensated only when the injury is to be considered as an accidental as the compensation is only to be provided when there is an accidental injuries

Therefore the option c is correct

Trimble Graphic Design receives $1,500 from a client billed in a previous month for services provided.
Which of the following general journal entries will Trimble Graphic Design make to record this transaction?
a. Cash 1,500
Accounts Receivable 1,500
b. Cash 1,500
Unearned Design Revenue 1,500
c. Accounts Receivable 1,500
Unearned Design Revenue 1,500
d. Cash 1,500
Design Revenue 1,500
e. Accounts Receivable 1,500
Cash 1,500

Answers

Answer:

A

Explanation:

Debit Cash 2,200; Credit Accounts Receivable 2,200

Long-term disability insurance _____. a. pays for temporary living expenses and moving expenses incurred by disabled employees b. pays a flat fee for a fixed number of hours of legal assistance each month for disabled employees c. provides continuing income protection for employees who become disabled and are unable to work

Answers

Answer: c. provides continuing income protection for employees who become disabled and are unable to work

Explanation:

Disability insurance is very helpful to people who get injured on the job and so are unable to work. The insurance would provide them with an income for a time so that they do not become destitute.

There are different types of disability insurance with varying lengths and long-term disability insurance is one of them. This one provides income protection for a longer time period and is very useful when the injury in question is quite serious or permanently disables the affected person.

Shanghai Company sells glasses, fine china, and everyday dinnerware. It uses activity-based costing to determine the cost of the shipping and handling activity. The shipping and handling activity has an activity rate of $8 per pound. A box of glasses weighs 2 pounds, a box of fine china weighs 4 pounds, and a box of everyday dinnerware weighs 6 pounds. Round answers to the nearest whole dollar.
a. Determine the shipping and handling activity for each product.
Glasses $
China $
Everyday dinnerware $
b. Determine the total shipping and receiving costs for the china if 3,500 boxes are shipped.
$

Answers

Answer and Explanation:

The computation is shown below:

a. For shipping and handling activity for each product is

For Glasses

= $8 × 2

= $12

For China

= $8 × 4

= $32

And, for Everyday dinner ware

= $8 × 6

= $48

b. the total shipping and receiving costs for the china is

= 3,500 × $32

= $112,000

Hence, in this way the parts could be determined

You are considering acquiring a common stock that you would like to hold for one year. You expect to receive both $1.25 in dividends and $32 from the sale of the stock at the end of the year. The maximum price you would pay for the stock today is _____ if you wanted to earn at least a 10% return. A. $30.23 B. $24.11 C. $26.52 D. $27.50 E. None of the options are correct.

Answers

The answer is A ! Hopefully this help!

You are the manager of Black Spot Computers, which competes directly with Condensed Computers to sell high-powered computers to businesses. From the two businesses’ perspectives, the two products are indistinguishable. The large investment required to build production facilities prohibits other firms from entering this market, and existing firms operate under the assumption that the rival will hold output constant. The inverse market demand for computers is P = 5,900 − Q, and both firms produce at a marginal cost of $800 per computer. Currently, BlackSpot earns revenues of $4.25 million and profits (net of investment, R&D, and other fixed costs) of $890,000. The engineering department at Black Spot has been steadily working on developing an assembly method that would dramatically reduce the marginal cost of producing these high-powered computers and has found a process that allows it to manufacture each computer at a marginal cost of $500. How will this technological advance impact your production and pricing plans? How will it impact Black Spot’s bottom

Answers

Djahsjdjdndnd

I just needed points to ask questions

TRUE OR FALSE ? WHY ? HELP ME
7. The best measure of the opportunity cost of holding money is the real interest rate.
8. The enactment of the minimum wage law can lead to unemployment according to the classical theory.
9. The increase or decrease in inventory is always within the expectation of enterprises.

Answers

7. True

8. False

9. False

Must click thanks and mark brainliest

Sorry if wrong.

The three goals of executive compensation are to align management’s interest with the shareholders, to keep management from leaving in bad times, and to refrain from giving too much of shareholder profits to management.

a. True
b. False

Answers

True is the answer .

Reynolds Manufacturers Inc. has estimated total factory overhead costs of $136,400 and expected direct labor hours of 12,400 for the current fiscal year. If Job 117 incurs 1,110 direct labor hours, Work in Process will be debited and Factory Overhead will be credited for a.$12,210 b.$136,400 c.$68,200 d.$1,110

Answers

Jdhdhdhdjsuushdbdbdbudufjrjifufjfjfkfkfkididududjejdjdjfkkfjfjrufifiir

ABC Manufacturing allocates overhead based on direct labor hours. You are given the following information for 2020:
Budget: Budgeted overhead $2,000, budgeted direct labor hours: 1,000
Actual: Actual overhead was $3,000, actual direct labor hours worked: 1,200
Overhead for 2020 was:_______.
a. Underapplied by $1,000
b. Underapplied by $600
c. Overapplied by $1,000
d. Overapplied by $600

Answers

Answer:

c. Overapplied by $1,000

Explanation:

Given that budgeted overhead is $2000 and actual overhead is $3000, overhead is overapplied or in excess(deficit) of overhead budget by $1000. If actual overhead were to be lower than budgeted overhead, overhead would be under applied or we would have a surplus of $1000(if budgeted overhead is $3000 and actual overhead is $1000 for example).

Acoma Co. has identified one of its cost pools to be quality control and has assigned $140,400 to that pool. Number of inspections has been chosen as the cost driver for this pool; Acoma performs 30,000 inspections annually. Suppose Acoma manufactures two products that consume 12,600 (Product 1) and 17,400 (Product 2) inspections each.
Assume that Acoma manufacturers only the two products mentioned and they consume 100 percent of the company’s quality inspections. Using activity proportions, determine how much quality control cost will be assigned to each of Acoma’s product lines.

Answers

Answer:

Acoma Co.

                                                    Product 1     Product 2

Quality control cost assigned     $58,968        $81,432

Explanation:

a) Data and Calculations:

Cost of quality control = $140,400

Number of annual inspections = 30,000

Cost per inspection = $4.68 ($140,400/30,000)

                                                    Product 1     Product 2     Total

Number of inspections                 12,600          17,400     30,000

Proportion of inspections               42%               58%         100%

Quality control cost assigned   $58,968        $81,432   $140,400

                                   ($4.68 * 12,600)        ($4.68 * 17,400)

                                  (42% * $140,400)       (52% * $140,400)

Chad is the founder of a firm producing self-driving vehicles. Because the industry is so new and chaotic, Chad favors a top-down strategic planning approach in which he exerts strong control over all aspects of the business, from product development and design to manufacturing and marketing. What is wrong with this scenario

Answers

Answer:

a. The self-driving vehicle industry is changing too much for the top- down approach to be effective.

Explanation:

The top-down strategic planning approach involves the company goals and their subdivisions. The aim is to gradually move from the top to down in a specific hierarchy. This approach lies on higher authority and in contrast the bottom-up strategy favors decision making that gives complete staff a voice.

The following information is available for a company's cost of sales over the last five months. Month Units sold Cost of sales January 470 $ 33,800 February 870 $ 40,500 March 1,950 $ 52,500 April 2,470 $ 64,500 Using the high-low method, the estimated total fixed cost is: Multiple Choice $26,586. $106,344. $53,172. $17,533. $30,700.

Answers

TC Units

$64,500 (High) 2,470

} $30,700 } 2000

$33,800( Low) 470

VC per Unit = 30 700 ÷ 2000 = $15.35

when 470 units are sold,( substitute vc per unit = 15.35)

TC = FC + VC

33, 800 = FC + ( 15.35× 470)

FC = $ 26 586

Other Questions
What similarities can you find in the life of Jesus, and your own life? Which federal power was established because of the Marbury v. Madisonruling?A. The Supreme Court's power of judicial reviewB. Congress's power to impeach a presidentC. The president's power to veto laws passed by CongressD. The federal bureaucracy's power to enforce regulationsSUBMIT a^2/9=b^2/16 and a^2+b^2=100 the height of a tree is 170m the lower and upper bound of it's height is Name one diatomic compound which is mononuclei -8x - (3x + 6 ) = 4 - x What is not an issue regarding DNA identification?(A) It is not very reliable(B) Having databases of millions of DNA profiles can result in more incorrect coincidental matches with partial samples(C) There is disagreement about whose DNA should be included in the database(D) Private information related to peoples genetic makeup could get out, which could result in discrimination against them on that basis Gomez argues that we need to increase the nation's output. Chang contends that our top priority should be a more equal distribution of income and output. It can be correctly stated that these two goals are:A. essentially unrelated.B. complementary because the realization of one will promote fulfillment of the other.C. at least partially competing because the redistribution of income might impair incentives to work and produce.D. complementary because a more equal distribution of income always promotes economic growth. Felicia wants to build a kite with the shape shown. If AC is 60 cm, how many centimeters are in the length of BD? 10. Which of the following would BEST weaken the argument that the president is dissimilar to the Britishking?a. if the author were Britishb. if the British had a presidentc. if the British king were electedd. if the author wanted to be president hat do the stanzas in "A Psalm of Life" have in common?They explain the different parts of a thing.They show stages in a thought process.They show the events of a narrative.They display different sides of a problem. Ken makes $400 a week before a 5% raise, and then another 6% raise. What is his weekly pay now? Can someone please help me with this why us a spirogyra called a thallus ? which types of nutrition does it show ?why? 1. Use the circle shown to answer each question a. Name the circle b. Identify a radius of the circle c. Identify a diameter of the circle d. Identify a different diameter of the circle. How should we face the challenge arising in course of human resource developmemt? discuss and list some solution measures in points. Where is Poland in Europe? Thanks! Help! xoxo thank you What is the smallest three-digit odd numbthat can be made from 2, 8,5, 1, 3? During April, Cavy Company incurred factory overhead as follows: Indirect materials $11,600 Factory supervision labor 3,700 Utilities 500 Depreciation (factory) 600 Small tools 230 Equipment rental 720 Journalize the entry to record the factory overhead incurred during April. With the advent of industrialization and urbanization, maintaining the _____ family pattern becomes more difficult in societies. Increasingly, young people move from rural to urban areas in search of employment in the industrializing sector of the economy. At that time, the _____ family typically becomes the predominant family pattern in the society.