Tim’s nail world may need to invest $270,000 to purchase a new nail machine. the managerial accountant reported that the new nail machine will generate $90,000 in net cash flows each year. what is the payback period for the new nail machine?

3 years

Explanation: The payback period is the number of years it will take a person with a loan to payback such loan.

Tim's nail world invested $270,000 with yearly cash flow of $90,000

using the below formula:

Payback period = invested amount/ net contraflows

= 270,000/90,000

payback period = 3

payback period is 3 years

imagine me knowing the answer

the answer is the petition of right.

explanation:

offer to of right, real demand of attesting a benefit against the english crown, the most remarkable point of reference being the petition of right of 1628, which parliament sent to charles i fussing of a movement of oversteps of law. the term also implied the framework (invalidated in 1947) by which a subject could sue the crown.   taking a gander at the frameworks used by maria amidu to make a standard in 2015 commending the 1628 petition of right, which was sent to charles i by the english parliament. at uniquely based law the crown, or the sovereign in his official cutoff, couldn't be sued in the ruler's courts. since the ruler was, really, the superior ace of those courts, coordinating value in them between his subjects, he was not subject to their ward. therefore it transformed into a preparation, at whatever point a subject's certified or individual property had come into the responsibility for ruler or his specialists without legitimate perfect, for the subject to engage the master in chamber for its recovery.