A Project Requires an Initial Outlay of $100,000, and Is

question 37

Multiple Choice

A project requires an initial outlay of $100,000, and is expected to generate annual net cash inflows of $28,000 for the next 5 years. Determine the payback period for the project.

• A)0.28 years
• B)1.4 years
• C)3.57 years
• D)17.86 years

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Definitions:

Bias

A tendency to lean in a certain direction, either in favor of or against a particular thing, person, or group, often in a way considered to be unfair.

Scientists

Professionals who conduct research and experiments to discover new knowledge and develop technologies.

Homology

Refers to the existence of shared ancestry between a pair of structures, or genes, in different taxa.

Forelimbs

The front limbs of an organism, which in humans are the arms, including the hands, wrists, forearms, and elbows.