What Is the Payback Period of a $40,000 Investment with the Following

question 214

Multiple Choice

What is the payback period of a $40,000 investment with the following cash flows?

• A) 1.00 years
• B) 1.80 years
• C) 2.00 years
• D) 2.25 years
• E) 3.50 years

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Definitions:

Workplace Equipment

Tools, machinery, and other physical devices or items used by employees to perform tasks and functions in the workplace.

Continuous Improvement

Continuous improvement is an ongoing effort to enhance products, services, or processes through incremental improvements over time or through breakthrough innovations.

Work Process

A series of actions or steps taken in order to achieve a particular end in a business or professional environment.

Value Process Re-Engineering

The analysis and redesign of workflows and processes within an organization to optimize output and improve quality.