It Will Cost £2,600 to Acquire a Small Ice Cream

question 2

Multiple Choice

It will cost £2,600 to acquire a small ice cream cart.Cart sales are expected to be £1,400 a year for three years.After the three years, the cart is expected to be worthless as that is the expected
Remaining life of the cooling system.What is the payback period of the ice cream cart?

• A)0.86 year.
• B)1.46 years.
• C)1.86 years.
• D)2.46 years.
• E)2.86 years.

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Definitions:

Letter Of Acceptance

A formal document issued by an entity to confirm its acceptance of an offer, proposal, or invitation.

Legally Binding Contract

A contract that is enforceable by law, meaning all parties involved must fulfill their obligations as agreed.

Panel Interviews

A type of interview where the candidate is questioned by multiple interviewers at the same time, often used in job selection processes.

Perform Under Pressure

The ability to function effectively in stressful or challenging situations without compromising performance.