The Management of Zesty Corporation Is Considering the Purchase of a New

question 60

Multiple Choice

The management of Zesty Corporation is considering the purchase of a new machine costing $400,000. The company's desired rate of return is 10%. The present value factors for $1 at compound interest of 10% for Years 1 through 5 are 0.909, 0.826, 0.751, 0.683, and 0.621, respectively. In addition to the foregoing information, use the following data in determining the acceptability of this situation:​ The cash payback period for this investment is

• A) 5 years
• B) 4 years
• C) 2 years
• D) 3 years

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Definitions:

Social Behavior

Actions within a society that are carried out by individuals and are influenced by the presence and behavior of others.

Revolution

The overthrow of a state or the total transformation of central state institutions.

Social Movement

A group that acts with some continuity and organization to promote or resist social change in society.

Demographic Processes

The dynamic changes in population size and structure, influenced by birth rates, death rates, immigration, and emigration.