A Small Project Has a Cost of $12,000 to Implement

question 25

Multiple Choice

A small project has a cost of $12,000 to implement and is expected to have annual cash flows of $3,000.What is its payback period?

• A)One year
• B)Two years
• C)Three years
• D)Four years

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Definitions:

Synovial Membrane

This unique connective tissue is found lining the interior surfaces of synovial joint capsules and the sheaths of tendons, generating synovial fluid to lubricate the area.

Serous Membrane

A smooth tissue membrane that lines certain internal cavities of the body, secreting a lubricating fluid to reduce friction.

Cutaneous Membrane

Another term for the skin, the body's outer covering, which protects against external harm and assists in temperature regulation.

Synovial Membrane

A specialized connective tissue that lines the inner surface of capsules of synovial joints and tendon sheath, secreting synovial fluid to lubricate and nourish the cartilage.