Answer:
No. The payback period is 3.8 years
Explanation:
The payback period measures how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.
The amount invested = $4,200 + $1,500 = $5,700
Please check the attached image for an explanation on how the payback period was calculated.
Pay back period = 3 years + 1400/1750 = 3.8 years.
3.8 years is greater than the required 3 years Payback period. Therefore, Jack shouldn't accept the project.
I hope my answer helps you
By definition, opportunity cost is the cost of the next alternative that you gave up because you choose another one. In this case, there are two alternatives: the closer gas station and the farther gas station. Because you chose the cheaper but farther gas station, then the opportunity cost is $2.50 for the closer gas station.
Hello!
This is most likely a spotter for a squat. The key word that shows that this spotter is for a squatter is making sure the lifter does not fall backwards. An overhead press or bench press would require a lifter to be lying down and not standing. A dead lift requires leaning forward and would not cause a lifter to fall backwards.
Hope this helps!
Answer:
A. management by objectives (MBO).
Explanation:
Lyell's experience suggests that Nutty Boys is utilizing management by objectives (MBO).
Management by objectives (MBO) is a strategic management model that aims to improve the performance of an organization by clearly defining objectives <u>that are agreed to by both management and employees.</u>
In the scenario, it was stated that ''Lyell likes the fact that managers at Nutty Boys listen to their subordinates' ideas and get everyone involved in setting goals and objectives.''
Hence, her experience matches the definition of Management By Objectives.
