Match Each Description with the Item Below

question 57

Multiple Choice

Match each description with the item below.
-Stephen Foster

• A)invented the telegraph
• B)invented the sewing machine
• C)with Boston Associates, formed the Boston Manufacturing Company
• D)earned a medical degree, a first of its kind
• E)was a piano maker and immigrant
• F)helped found schools to train teachers and promoted the idea of free public education
• G)was the first clipper ship
• H)improved the steel plow, thereby making it possible to farm the Great Plains
• I)was the first commercial steamboat, built by Robert R. Livingston and Robert Fulton
• J)was a Jewish tailor who made work pants during the gold rush and would become the origin story of a major brand
• K)was a famous composer whose song "Oh! Susanna" emerged as a national favorite

---

Definitions:

Payback Period

The length of time required to recover the cost of an investment or determine how long it takes for an asset to generate enough cash flow to cover its original cost.

Cost Recovery

The process by which an entity regains the capital expenditure of an investment over time, through various methods such as depreciation, amortization, or depletion.

Payback Periods

The length of time required to recover the cost of an investment or project.

Net Cash Flows

The difference between a company's cash inflows and cash outflows during a specific period.