Acompany is planning to purchase a machine that will cost $24,000, have a six-year life, and be depreciated over a three-year period with no salvage value. the company expects to sell the machine's output of 3,000 units evenly throughout each year. a projected income statement for each year of the asset's life appears below. what is the payback period for this machine?

sales $90,000
costs:
manufacturing $52,000
depreciation on machine 4,000
selling and administrative expenses 30,000 (86,000)
income before taxes $4,000
income tax (50%) (2,000)
net income $2,000
24 years.

12 years.

6 years.

4 years.

1 year.

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false

Caleb construction (cc) incurs supervisor salaries expense in the construction of homes. if cc manufactures 100 homes in a year, fixed supervisor salaries will be $400,000. with the current construction supervisors, cc's productive capacity is 150 homes in a year. however, if cc is contracts to build more than 150 homes per year, it will need to hire additional supervisors, which are hired as full-time rather than temporary employees. cc's productive capacity would then become 200 homes per year, and salaries expense would increase to $470,000. how would cc’s salaries expense be properly classified? fixed variable mixed stepped curvilinear

He interest rate effect is the change in real gdp caused by the federal reserve adjusting target interest rates. is the change in consumer and investment spending due to changes in interest rates resulting from changes in the aggregate price level. is the change in exports and imports, resulting from changes in the interest rate caused by changes in the aggregate price level. is the change in investment spending and government purchases caused by changes in money demand. is the change in interest rates, caused by changes to government purchases.