An Investment Project Is Expected to Yield $10,000 in Annual

question 32

Multiple Choice

An investment project is expected to yield $10,000 in annual revenues,has $2,000 in fixed costs per year,and requires an initial investment of $5,000.Given a cost of goods sold of 60 percent of sales,what is the payback period in years?

• A)2.50
• B)5.00
• C)2.00
• D)1.25

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Definitions:

Variables

Symbols in programming that are used to store data values that can be changed during program execution.

Function

A block of organized, reusable code designed to perform a single, related action.

Global Variables

Variables declared outside any function, accessible by any part of the program.

Expressions

Combinations of variables, operations, values, and functions that are evaluated to produce another value in programming.