Calculate the Payback Period for a Technology Expense of $500,000

question 51

Essay

Calculate the payback period for a technology expense of $500,000 if the new technology immediately starts to earn revenues of $150,000 per month.Operating costs plus depreciated fixed costs are estimated to be $30,000 per month.

---

Definitions:

Nonconformity

The refusal to conform to established customs, attitudes, or ideas, often manifesting as individualism or dissent.

Deindividuation

A psychological state where an individual loses self-awareness and personal responsibility in groups, often leading to disinhibited and impulsive behavior.

Mood Linkage

The phenomenon where individuals' emotional states become synchronized or influenced by the moods and emotions of those around them.

Prior Commitment

The psychological state or condition of being previously dedicated or bound to a particular belief, action, or course of behavior.