Use the Information for the Question(s)below

question 17

Multiple Choice

Use the information for the question(s) below.
The Sisyphean Company is planning on investing in a new project.This will involve the purchase of some new machinery costing $450,000.The Sisyphean Company expects cash inflows from this project as detailed below: The appropriate discount rate for this project is 16%.
-The payback period for this project is closest to:

• A)2.1 years.
• B)3.0 years.
• C)2.0 years.
• D)2.2 years.

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Definitions:

Discovering

The process of uncovering or finding out new information, facts, or principles through investigation or experimentation.

Cognitive Therapy

A type of psychotherapy aimed at changing negative patterns of thinking, which can contribute to emotional distress and mental disorder.

Acceptance

The act of receiving or taking something offered, or the process of embracing someone or something as adequate or suitable.

Genuineness

Authenticity in one's actions and feelings, often considered crucial in therapeutic settings for effective healing and connection.