Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Anderson, Inc. is considering a project with an initial cost of $28,000. The project will produce cash inflows of $9,000 a year for the first year and $10,000 a year for the following three years. What is the payback period?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M944799

Have any Question? 


Related Questions in Basic Finance

You work for a us-based company that has very low level of

You work for a US-based company that has very low level of tolerance for risk. They even buy insurance to cover their assets in case of alien attack or destruction by asteroids or comets. The company regularly sells its ...

Why is the actual value of a financial variable different

Why is the actual value of a financial variable different from the optimal forecast of that variable? Assuming that expectations are rational, what, on average, will be the difference between the actual value and the opt ...

Why does financial intermediation inherently involve

Why does financial intermediation inherently involve risk? Are FIs better at evaluating risks than you are? Why or why not?

Suppose a company announces a bid to acquire a smaller

Suppose a company announces a bid to acquire a smaller rival on a day that macroeconomic news indicated that inflation was picking up. On the day of both announcements, the firm's return was -0.55% while the market retur ...

Yield curveassuming that liquidity and interest rate

Yield Curve: Assuming that liquidity and interest rate expectations are both important for explaining the shape of a yield curve, what does a flat yield curve indicate about the market's perception of future interest rat ...

What are the two major provisions of the mcfadden actwhat

What are the two major provisions of the McFadden Act? What was the motivation behind its passage?

Suppose 90 of kids who visit a doctor have a fever and 35

Suppose 90% of kids who visit a doctor have a fever, and 35% have a sore throat. Whats the probability that a kid goes to the doctor with a fever and a sore throat?

What does it mean that managers should maximize shareholder

What does it mean that managers should maximize shareholder wealth "subject to ethical constraints"? What are the ethical considerations that might impact decisions that result in cash flow and price effects that are les ...

Suppose you have a distribution x with mean 29 and

Suppose you have a distribution, X, with mean = 29 and standard deviation = 6. Define a new random variable Y = 4X - 5. Find the mean and standard deviation of Y. a) E[Y] = 111; σ Y = 19 b) E[Y] = 116; σ Y = 96 c) E[Y] = ...

General insurance assignmentwhen appropriate provide a

General Insurance Assignment When appropriate, provide a citation and a copy of your source. a. Describe the basic characteristics of stock insurers. b. Describe the basic features of mutual insurers. c. Identify the maj ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate