The Pay Back Method is preferred by many companies because it is relatively easy to use and
Question:
The Pay Back Method is preferred by many companies because it is relatively easy to use and incorporates Time Value of Money concepts.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
True Analyzing Payback Payback allows us to see how rapidly a project returns the initial investment back to the company In practice companies establi...View the full answer
Answered By
Ajay Negi
Hi, I've completed my degree in engineering (Information Technology) from an NIT. Currently working as a software engineer. Wish to impart quality education to the future generation.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-1119048541
11th Canadian edition Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
Question Posted:
Related Video
The time value of money (TVM) is the concept that the money you have in your pocket today is worth more than the same amount would be if you received it in the future because of the profit it can earn during the interim.
Students also viewed these Accounting questions
-
Use the time value of money tables in Exhibit 1 8 to calculate the following: a. The future value of $100 at 7 percent in 10 years. b. The future value of $100 a year for 6 years earning 6 percent....
-
The following situations involve time value of money calculations: 1. A deposit of $7,000 is made on January 1, 2012. The deposit will earn interest at a rate of 8%. How much will be accumulated on...
-
The concept of the time value of money suggests that $1 today is not equal to $1 in the future. Explain why this is true.
-
The following appliances are connected to a single 120 V, 15 A circuit in a kitchen: a 330 W blender, a 1000 W coffeepot, a 150 W coffee grinder, and a 750 W microwave oven. If these are all turned...
-
What is the molecular formula for each of the following compounds? Consult Figures 1.13 and 1.14 for the abbreviated structural formulas. a. Nicotine b. Adenine c. Limonene d. Coumarin e. Benzene
-
You are a CPA engaged in an audit of the financial statements of Pate Corporation for the year ended December 31, 2011. The financial statements and records of Pate Corporation have not been audited...
-
Shape memory alloys can undergo a reversible phase transformation. These materials display dramatic shape memory temperature-induced deformations that are recoverable. Investigators want to evaluate...
-
Grant Film Productions wishes to expand and has borrowed $100,000. As a condition for making this loan, the bank requires that the business maintain a current ratio of at least 1.50. Business has...
-
Ten years ago Albert Phillips opened his own retail store and sold unpainted furniture. His store was located in Lakeside, a small city in the southeastern part of the United States. Although his...
-
The trial balance columns of the worksheet for Pharoah Roofing at March 31, 2020, are as follows. Pharoah Roofing Worksheet For the Month Ended March 31, 2020 Trial Balance Account Titles Dr. Cr....
-
Would you prefer to receive 5 annual payments of $ 200 or 6 annual payment of $ 180 if the interest rate is 10% per year?
-
To what amount will the following investment accumulate? $5,000 invested for 10 years at 10 percent compounded annually
-
What is meant by the term response rate?
-
Define in your perspective the role and impact of ethics on managerial decision - making and actions.
-
The following table lists the possible combinations of houses and cars that Economy X is able to produce. Possibilities 1 2 3 4 5 # of houses 0 10 20 30 40 # of cars 1000 900 700 400 0 Opportunity...
-
Engaging in corporate social responsibility initiatives can positively impact a company's reputation and brand image, but it rarely has any direct effect on its financial performance . Is it true...
-
How might a strategic realignment initiative impact organizational culture and stakeholder engagement within a multinational corporation ?
-
Below is the project data for a Time-Cost CPM scheduling model. Activity Predecessor Normal Time Crash Time Normal Cost Crash Cost $200 $400 $300 $600 $200 $200 $500 $550 $500 $900 A BCDE None A A B...
-
(a) Draw the structure of 3,4,6-trimethyl-1-heptene. (b) Identify the chiral carbon atoms in the structure with stars. (c) Are cis and trans isomers possible for this molecule?
-
3.16. For a system with non-identical service rates (see Sect. 3.5) and a limit of N jobs in the system (Eq. 3.13), obtain an expression for the mean service time per job, E[Ts], as a function of the...
-
Prepare the accounts receivable and accounts payable control accounts for April for K Ann. Balance as per accounts receivable control account 31 March 2022 Balance as per accounts payable control...
-
Wynn Company offers a set of building blocks to customers who send in 3 UPC codes from Wynn cereal, along with 50. The blocks sets cost Wynn $1.10 each to purchase and 60 each to mail to customers...
-
Balance Sheet Classification of Various Liabilities how would each of the following items be reported on the balance sheet? (a) Accrued vacation pay. (b) Estimated taxes payable. (c) Service...
-
Accounts and Notes Payable the following are selected 2010 transactions of Darby Corporation. Sept. 1 Purchased inventory from Orion Company on account for $50,000. Darby records purchases gross and...
-
Assume that in 2023, Bobby had a vacant lot that was given to him as a gift from his father that had an FMV of $40,000 and an adjusted basis of $15,000.
-
Show the adjusting entries that you would make given the additional data below. In addition to the formal journal entry, please also indicate the type of adjusting entry that is being made, ...
-
I need one to three paragraphs written about the awk command in unix. Everything should be in a power point presentation. Make sure it contains the following: Command name Description How to use the...
Study smarter with the SolutionInn App