Answer:
3 1/3 years
Explanation:
Payback period is the time required for the inflows from a project to be equal to the initial outflow for the project. It is a key consideration in capital budgeting. It is usually assumed that the outlay or initial outflow is made in year 0 and the first inflow comes in after a year.
Year Cash outflow Cash inflow Balance
0 ($50,000) - ($50,000)
1 - $15,000 ($35,000)
2 - $15,000 ($20,000)
3 - $15,000 ($5,000)
4 - $15,000 $10,000
5 - $15,000 $25,000
Hence the payback period
= 3 years and 5000/15000 * 12 months
= 3 years 4 months
= 3 1/3 years
Answer:
Part a: According to Solow model higher per capita real GDP will be in Chile because of its highest saving rate.
Part b: The per capita capital stock or the labour ratio is the primary factor for these differences in the simple Solow model.
Explanation:
<em>Part a:</em>
According to Solow model higher per capita real GDP will be in Chile because of its highest saving rate.
In Solow model the GDP per capita is defined as
Also the steady state path is given as
As all other parameters are same thus the country with higher value of s will have a higher per capita GDP.
According to the Solow model, higher saving rate means larger capital stock and high level of output at the steady state.
Higher saving rate leads to faster growth in Solow model. So there is higher per capita real GDP for the country that has higher saving rate.
<em>Part b:</em>
In Simple Solow Model, the steady state per Capita GDP, 
is the function of the steady state per capita capital stock given as 
Now this indicates that
where f is an increasing concave function i.e. f'>0 and f''<0
Thus the sole dependence of per capita GDP is on per capita capital stock.
Thus the per capita capital stock or the labour ratio is the primary factor for these differences in the simple Solow model.
Answer:
$440
Explanation:
First and foremost the financing activities hinted in the question are as follows:
Distribution of cash dividends declared in 2017 $ 48(outflow)
Payment to retire bonds $452(outflow)
Proceeds from the sale of treasury stock (cost: $52) $60(inflow)
net cash outflows from financing activities=-$48-$452+$60
net cash outflows from financing activities=-$440
By its target market, Foot's shoes seen as : Heterogeneous shopping products.
The company's product has a unique product that differentiate the product with others.
This will make the product very hard to substitute
Answer:
B. work-in-process inventories.
Explanation:
Partially completed goods that are in the process of being converted into a finish product are defined as work-in-process inventories.
Generally, the work-in-process inventories include the following raw materials cost, direct labor cost and factory overhead cost.
These category of products are only partially completed and as such are waiting for further processing, still undergoing fabrication or kept in a buffer storage.
