Carol Harrison Is Considering an Investment in a Retail Shopping

question 117

Multiple Choice

Carol Harrison is considering an investment in a retail shopping mall. The initial investment is $400,000. She expects to receive cash income of $80,000 a year. What is the payback period?

• A) 4 year
• B) 3.5 years
• C) 5 years
• D) 2.5 years
• E) 6 years

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Definitions:

Weirs

Low dams built across rivers to raise the level of water upstream or regulate its flow for purposes such as irrigation, fish trapping, and water diversion.

Fish Traps

Engineered structures placed in aquatic environments designed to trap fish or other aquatic animals.

Microliths

Small stone tools, typically made by prehistoric peoples, used as spear points or in other sharp implements.

Flint

A hard, sedimentary cryptocrystalline form of the mineral quartz, historically used to make tools and weapons due to its ability to be chipped into sharp edges.