Use the Following Information to Answer the Question(s)below

question 42

Multiple Choice

Use the following information to answer the question(s) below.
Rearden Metals is considering opening a strip-mining operation to provide some of the raw materials needed in producing Rearden metal.The initial purchase of the land and the associated costs of opening up mining operations will cost $100 million today.The mine is expected to generate $16 million worth of ore per year for the next 12 years.At the end of the 12th year Rearden will need to spend $20 million to restore the land to its original pristine nature appearance.
-The payback period for Rearden's mining operation is closest to:

• A)5.00 years.
• B)6.00 years.
• C)6.25 years.
• D)6.50 years.

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Definitions:

Ethnocentrism

The conviction that one's own ethnic group or culture is superior by nature, frequently paired with a dismissive or derogatory attitude towards different cultures.

Culture Shock

the feeling of disorientation or distress experienced by someone who is suddenly subjected to an unfamiliar culture, way of life, or set of attitudes.

Cultural Universal

Those patterns or traits that are globally common to all societies, such as marriage, religious rituals, and property rights.

Artistic Expression

The use of creative skills and imagination to produce works that express one's thoughts, feelings, or ideas, often in a visual or auditory form.