Use the Table for the Question(s)below

question 134

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
• B)2.5
• C)2
• D)4

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Definitions:

Competent Parties

Individuals or entities that are legally able to enter into a binding contract, having the necessary legal authority and mental capacity.

Legal Subject Matter

The specific theme, topic, or focus of a legal document or discussion, often defining the scope of legal rights and duties.

Offer and Acceptance

The essential components of a valid contract, where an offer is made and then accepted by the other party.

Sustainability Performance

The assessment of an organization's impact on the environment, society, and economy in a way that aims to ensure long-term ecological balance and resource efficiency.