Use the Table for the Question(s)below

question 18

Multiple Choice

Use the table for the question(s) below.
Consider a project with the following cash flows:
-Assume the appropriate discount rate for this project is 15%.The payback period for this project is closest to:

• A)3.0
• B)2.5
• C)2.0
• D)4.0

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Definitions:

Minimal Standard

The lowest level of quality or performance considered acceptable.

Minimal Standard

A basic level of quality or requirement that is considered acceptable under legal or regulatory guidelines.

Deontology

The ethical theory which states that an action can be determined as ethical on the basis of right and wrong, regardless of its consequences.

Public Disclosure Test

A legal standard used to determine whether information has been effectively communicated to the public, particularly in defamation and privacy cases.