Table 22-9 -Refer to Table 22-9. the Table Shows the Preferences of the Preferences

question 61

Multiple Choice

Table 22-9
-Refer to Table 22-9. The table shows the preferences of four types of voters over four possible outcomes: A, B, C, and D. In addition, the table shows the percentage of voters of each type. Suppose a Borda count election is held in which each voter ranks the four outcomes, giving 1 point to last place, 2 points to second to last, 3 points to the second best, and 4 points to the best. In this case, which outcome would win?

• A)A
• B)B
• C)C

---

Definitions:

Cash Payback

The period of time required for the cash flows from a capital investment to repay the initial investment cost.

Straight-Line Method

Depreciation method in which periodic depreciation is the same for each year of the asset’s useful life.

Cash Inflow

The total amount of money being transferred into a business, from operations, investments, or financing activities, within a specific period.

Cash Payback Period

The period of time it takes for a company to recoup an investment exclusively through cash flows.