Krate Inc Is Considering a $600,000 Investment in New Equipment That

question 23

Multiple Choice

Krate Inc. is considering a $600,000 investment in new equipment that is anticipated to produce the following net cash inflows:

If cash flows occur evenly throughout a year, the equipment's payback period is:

• A) 4 years, 2 months.
• B) 4 years, 3 months.
• C) 4 years, 4 months.
• D) 5 years.
• E) Some other period of time not noted.

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Definitions:

Coracobrachialis

A muscle in the shoulder that aids in flexing and adducting the arm.

Pectoralis Major

A large chest muscle that contributes to the shoulder joint's movement and the arm's rotation inward.

Deltoid

A large, triangular muscle covering the shoulder joint that is responsible for lifting the arm and giving the shoulder its range of motion.

Biceps Brachii

A muscle of the upper arm that is involved in the flexion of the forearm and supination of the forearm.