GoFlo Is a Small Growing Firm That Is Considering the Purchase

question 12

Multiple Choice

GoFlo is a small growing firm that is considering the purchase of another truck to serve GoFlo's expanding customer base. The new truck will cost $21,000 and should generate annual net cash flows of $6,000 over the truck's 5-year life. What is the payback period for this project?

• A) 3 years
• B) 4.2 years
• C) 3.5 years
• D) 3.3 years

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Definitions:

Infant Relationships

The early connections and bonds formed between infants and their caregivers, critical for emotional and social development.

Adult Attachment Style

Patterns of expectation, needs, and behavior towards close relationships, formed in early childhood and continuing into adulthood.

Anxious-ambivalent

A type of attachment style characterized by intense emotional dependence and anxiety about rejection or abandonment.