Bark company is considering buying a machine for $240,000 with an estimated life of ten years and no salvage value. the straight-line method of depreciation will be used. the machine is expected to generate net income of $6,000 each year. the cash payback period on this investment is:
a. 20 years
b. 10 years
c. 8 years
d. 4 years

Corey is trying to save money to buy a new tv. he invests $800 into an account paying 6.5% simple interest. for how long must he save if the tv costs $950? a. 2 years b. 3 years c. 4 years d. 5 years

Why should managers invest any excess cash

Jeanie had always been interested in how individuals and businesses effectively allocate their resources in order to accomplish personal and organizational goals. that’s why she majored in economics and took on an entry-level position at an accounting firm. she is very interested in further advancing her career by looking into a specialization that builds upon her academic background, and her interest in deepening her understanding of how companies adjust their operating results to incorporate the economic impacts of their practices on internal and external stakeholders. which specialization could jeanie follow to get the best of both worlds? jeanie should chose to get the best of both worlds.