A project has estimated annual net cash flows of $8,400. It is estimated to cost $37,800. Determine

Question:

A project has estimated annual net cash flows of $8,400. It is estimated to cost $37,800. Determine the cash payback period. Round to one decimal place.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

See More Books

Question Posted: Sep 05, 2011 08:59 AM

See More Questions

A project has estimated annual net cash flows of $150,000. It is estimated to cost $885,000. Determine the cash payback period.
A project has estimated annual net cash flows of $27,200. It is estimated to cost $68,000. Determine the cash payback period.
A project has estimated annual net cash flows of $65,000 for six years and is estimated to cost $265,000. Assume a minimum acceptable rate of return of 10%. Using Exhibit 2, determine (1) The net...
Use the method of separation of variables to find the product solution of the PDES: (a) u + Uy=3u (b) xu = 2yuy
The amount of solar energy transmitted through each square meter of space prior to entry in the earth's atmosphere, as measured by satellites, is called the total solar irradiance (TSI). A random...
Cubane (C8H8) is the common name of a polycyclic hydrocarbon that was first synthesized in the early 1960s. As its name implies, its structure is that of a cube. How many rings are present in cubane?...
A business firm is thinking of buying a capital good, which will earn $$2,000$ a year for the next four years and cost $$7,000.$ The interest rate is 8 percent. Should the firm buy the capital...
Accounting for securities available for sale. Events related to Elston Corporation's investments of temporarily excess cash appear below. The firm classifies these investments as securities available...
18.A sine wave is travelling in a medium. The minimum distance between the two particles, always having same speed, is (1) (2)
A piece of cork having a specific weight of 2.36 kN/m 3 is shaped as shown in Fig. 5.32. (a) To what depth will it sink in turpentine (sg = 0.87) if placed in the orientation shown? (b) Is it stable...
Determine the average rate of return for a project that is estimated to yield total income of $136,000 over five years, has a cost of $380,000, and has a $20,000 residual value. Round to one decimal...
A project has estimated annual net cash flows of $114,000. It is estimated to cost $706,800. Determine the cash payback period. Round to one decimal place.
A bookstore has an annual demand for 100,000 copies of a best-selling book. It costs $0.50 to store 1 copy for 1 year, and it costs $60 to place an order. (a) Find the optimum number of copies per...
Solomon bought a capital property several years for $150,000. He sold theproperty to his best friend William for $260,000. William did not have the moneyto pay for the property. Being best friends...
Q17: After applying Caesar cipher to the message "DEFGHABC" what would be the output if the key is 3 and the domain of the message consists of the alphabets A, B, C, D, E, F, G, H. a. CBADEFGH b....
When liabilities are subtracted from assets, such as inventory, endowments, federal and state programs, it is called ____________. Group of answer choices expired costs fund balance assets liabilities
Explain in detail how Address Resolution Protocol or ARP works?
Explain the mechanical, electrical, functional, and procedural means to activate, maintain, and de-activate physical-connections for bit transmission to and from a network device.
Assume that you are a supplier to Tesco and have a payment term that allows Tesco to pay you in 60 days after the date of the invoice. This delay in payment is creating cash issues for you as they...
Write each fraction as a percent. 7 50
Refer to the following figure, draw a quadtree, and code the spatial index of the shaded (spatial) feature.
What are postretirement benefits other than pensions?
Why didnt the FASB cover both types of postretirement benefitspensions and healthcarein the earlier pension accounting rules?
Why didnt the FASB cover both types of postretirement benefitspensions and healthcarein the earlier pension accounting rules?
Include your strategies for capitalizing on your strengths and overcoming your weaknesses in order to become successful in your work related goals
when Recognizing and Identifying Child Abuse and Neglect, Include some strategies for capitalizing on strengths and overcoming weaknesses in order to become successful in your work-related goals?
What can be the most beneficial when learning about Recognizing and Identifying Child Abuse and Neglect? How can Recognizing and Identifying Child Abuse and Neglect will assist you in achieving...

A project has estimated annual net cash flows of $8,400. It is estimated to cost $37,800. Determine

Question:

Step by Step Answer:

Cash Payback Period In...View the full answer

Accounting

Students also viewed these Cost Accounting questions