What is the project payback period

Assignment Help Accounting Basics
Reference no: EM133055106

Question - A project has an initial cost of $70,000, expected net cash inflows of $15,000 per year for 8 years, and a cost of capital of 11%. What is the project's payback period?

Reference no: EM133055106

Questions Cloud

Why is mobile development difficult : Why is mobile development difficult? Explain. What is your definition of data visualization? What are the key components of data visualization?
Determine the income under absorption costing : Sales were 36 units in 2020, 32 units in 2021, and 40 units in 2022. Determine the income under absorption costing for 2022
What should ll bean do to improve its forecasting process : What should L.L. Bean do to improve its forecasting process?
Gain hands-on experience in your program : Briefly explain any steps you are taking, or plan to take, to gain hands-on experience in your program of study.
What is the project payback period : Question - A project has an initial cost of $70,000, expected net cash inflows of $15,000 per year for 8 years, What is the project payback period
What is its markup percentage : Maggie desires an ROI of $6.70 per unit. If Sheridan Co. uses the absorption-cost approach, what is its markup percentage
How much is budgeted cash disbursements for April : Sheridan, Inc. has budgeted direct materials purchases of $150600 in March and $240600 in April. How much is budgeted cash disbursements for April
What is company target business function : What is the company's target business function? What type of business advantage do they provide markets and companies?
Determine the amount of deposits : The required reserves ratio is 9%, and reserves are currently $27 million. Determine the amount of deposits

Reviews

Write a Review

Accounting Basics Questions & Answers

  How is each amount entered in the accounts

How is each classification changed? One asset (Supplies) increases and another asset (Cash) decreases.

  How does view help to understand the behaviours of people

How does this view help us understand the behaviours of people in firms? What is the nexus of the contract's view of the firm?

  Prepare the consolidation worksheet journal entries for Dean

Prepare the consolidation worksheet journal entries for Dean Ltd.'s group at 1 July 2022, assuming that Lewis Ltd has not revalued the equipment

  What journal entry will parent make on date of acquisition

What journal entry will Parent make on the date of acquisition to record the investment in Son Inc.?

  Make the journal entry to record income taxes

Make the journal entry to record income taxes. Shannon Polymers uses straight-line depreciation for financial reporting purposes for equipment costing $580,000

  Prepare journal entries to record transactions of vajra ltd

Prepare the journal entries to record the transactions of Vajra Ltd up to and including that which took place on 30 June 2020

  What is the breakeven point measured in sales dollars

Shinseter Company produces a product that has selling price of $12.00. The company's fixed costs are $60,000. What is breakeven point measured in sales dollars

  Identify the affected parties in any scheme

Identify the affected parties in any scheme to manage profits to prop up stock price. Examine the implications of each

  What is the number of units that must be sold to breakeven

Selling price per unit=$25, Contribution margin=$10, Fixed costs=$45,000, What is the number of units that must be sold to breakeven

  How will balance of payments on current accounts change

How would the following transactions be categorized in the U.S. balance of payments accounts? Would they be entered in the current account.

  Determine the financial implications of accepting the order

ABS Inc, produces air bag systems that it sells to North American automobile manufacturers. Determine the financial implications of accepting the order

  Compute the customer margin of big sky outfitters

The company's direct labor rate is $22 per hour. Using the company's activity-based system, compute the customer margin of Big Sky Outfitters

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!

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