Which of the Following Statements Is True for a Project

question 13

Multiple Choice

Which of the following statements is true for a project with $20,000 initial cost, cash inflows of $5,800 per year for six years, and a discount rate of 15 percent?

• A)Its payback period is roughly 3 1/2 years
• B)Its NPV is $2,194
• C)Its IRR is 1.85 percent
• D)Its profitability index is 0.109

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Definitions:

Legal Requirements

Obligations imposed by law on individuals, companies, or other entities to adhere to certain rules or regulations.

HR Professional

A person skilled in managing employee relations, compensations, benefits, recruitment, and ensuring compliance with labor laws within an organization.

Comparable Worth

A principle in employment compensation asserting that jobs should be paid based on their value or worth rather than job titles or traditional gender roles.

Dissimilar Jobs

Positions or tasks that are distinctly different in nature, requiring unique skills and capabilities.