What Is the Payback Period for Tangshan Mining Company's New

question 109

Multiple Choice

What is the payback period for Tangshan Mining company's new project if its initial after-tax cost is $5,000,000 and it is expected to provide after-tax operating cash inflows of $1,800,000 in year 1, $1,900,000 in year 2, $700,000 in year 3, and $1,800,000 in year 4?

• A) 4.33 years
• B) 3.33 years
• C) 2.33 years
• D) 1.33 years

---

Definitions:

Psychological Disorders

Mental disorders characterized by dysfunctional patterns of thought, behavior, and emotion, which impair the individual's ability to function in daily life.

Insomnia

A sleep disorder characterized by difficulty falling and/or staying asleep.

Stressors

External pressures or events that cause stress, potentially impacting an individual's mental health and well-being.

Neurocognitive Disorder

Disorders that significantly affect cognitive function, such as memory, attention, problem-solving, and language.