When a company is cash poor, a project with a short payback period but a low rate of return may be preferred to a project with a long payback period and a high rate of return.
Answer the following statement true (T) or false (F)
True
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What are the three purposes or aims of imposing punishment for criminal acts?
What will be an ideal response?
Under the perpetual inventory system, cost of goods sold is not recorded until the end of the accounting period
Indicate whether the statement is true or false
Yusra’s role in the organization involves measuring and evaluating job satisfaction and employee engagement. Yusra’s human resource management specialty is __________.
A. staffing B. labor and industrial relations C. ethics and sustainability D. employee relations E. EEO
The Mountain Jam Company purchased a machine 5 years ago for $70,000. It has an estimated life of 7 years from the time of purchase and is expected to have zero salvage value at the end of 7th year. The old machine can be sold today for $60,000
A new machine can be purchased for $69,300. It has a 2-year life and is expected to reduce operating expenses by $50,000 per year. Sales aren't expected to change. After 2 years, the new machine can be sold for $20,000. The company uses the straight-line method to calculate depreciation for both machines. The tax rate is 40%. What is the cash flow from the replacement project for Year 1? A) $27,684 B) $34,316 C) $39,860 D) $50,000 E) $31,544