User Account

All Pages

What is the payback period

Assignment Help Financial Accounting
Reference no: EM132919025

Question - A florist is buying a number of motorcycles to expand its delivery service. These will cost $65,000 but are expected to increase cash flows over the next 4 years as shown in the following table. What is the payback period?

Year 0 = -65,000

Year 1 = 19,200

Year 2 = 29,500

Year 3 = 53,067

Year 4 = 9600

Reference no: EM132919025

Questions Cloud

Creates literate environment : How the tool creates a literate environment to engage students in high quality texts.
How to find highest debtors with long outstanding balance : How to find highest debtors with long outstanding balance if Long outstanding debtors are debtors with more than 55% of their outstanding balance
Determine the interest rate implicit in the lease : Determine the interest rate implicit in the lease. ABC Ltd has entered into an agreement to lease an item of equipment that produces teddy bears.
Data collection and analysis : Data collection and analysis are important parts of the improvement process. Organizational leaders must be able to read and interpret the results
What is the payback period : These will cost $65,000 but are expected to increase cash flows over the next 4 years as shown in the following table. What is the payback period
What will be the company cumulative surplus cash : A minimum cash balance of $90,000 will be maintained throughout the cash budget period. What will be the company's cumulative surplus cash or loan balance
Find the sales dollars required to generate a profit : Find the sales dollars required to generate a profit of $150,000 for the year assuming a contribution margin ratio of 40 percent
Determine the interest rate implicit in the lease : Prepare journal entries to reflect the revaluation of the asset and the subsequent depreciation of the revalued asset. Which of the equity accounts
How much is parent separate taxable income : Parent Corporation's current-year taxable income included $372,200 net income from operations. How much is Parent separate taxable income

Reviews

Write a Review

Financial Accounting Questions & Answers

  Does he have any suspended losses under passive loss rules

Billy Bob is at risk for $10,000 in Partnership A and $22,000 in Partnership B on January 1, 2015. Both partnerships are passive activities to Billy Bob. Billy Bob’s share of net income from Partnership A during 2015 was $8,000. His share of losses f..

  What will abc bank net interest income be at the end

What will ABC Bank's net interest income be at the end of the first year?1-year term deposits (currently 6% annually): $160 (duration: 1 year)

  Which project should Xenex accept

Project A, a riskier-than-average project, will produce annual end-of-year cash flows of $71,104. Which project should Xenex accept

  How to determine the amount of cost of goods sold reported

Examine The amount of cost of goods sold reported on THE Company's income statement for May using the FIFO method was equal to

  Market value balance sheet structure

A financial institution has the following market value balance sheet structure:

  Illustrate what will be the effect of the lease on ltt

The office building was acquired by Lakeside at a cost of $1 million and was expected to have a useful life of 15 years with no residual value. Illustrate what will be the effect of the lease on LTT's earnings for the first year (ignore taxes)?

  Will be able to meet your goal at current saving rate

If you are given an option to invest at the 10% saving rate with monthly compounding or 10.5% semiannual compounding, which would you chose?

  How the initial equity investment would be recorded

The owners of a new venture, If a par value on the common stock was set at $.01 per share, show how the initial equity investment would be recorded.

  Find factory overhead that blackwelder factory will allocate

What the factory overhead that Blackwelder Factory will allocate to desk lamp production if actual direct labor hours for period for desk lamps is 188,000 would

  Calculate the dividend cover as of end-april

Calculate the dividend cover (or its reciprocal, the payout ratio) as of end-April 2002 for each of the three companies.

  Firm should use activity-based costing

As with any costing system, a firm should use activity-based costing (ABC) when the:

  Which control device that ensures the balance

Which control device that ensures the balance between total debits and total credits thus, helping minimize and localize accounting errors is known as

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd