Oceanview Manufacturing Is Considering an Investment That Would Require an Initial

question 199

Multiple Choice

Oceanview Manufacturing is considering an investment that would require an initial net investment of $660,000. The following revenues/expenses relate exclusively to the investment: The investment will have a residual value of $50,000 at the end of its 12 year useful life. What is the payback period for this investment?

• A)1)78 years
• B)3)07 years
• C)2)59 years
• D)2)24 years

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Definitions:

Educational Achievement

The level of educational attainment or success a person or group has achieved, often measured through qualifications, grades, or test scores.

Actual Learning

The genuine acquisition of knowledge or skills through study, experience, or teaching, leading to a change in behavior or understanding.

School

An institution designed for the teaching of students under the direction of teachers, primarily focusing on childhood and teenage education.

Estimated Lifetime

An approximation of the duration that an organism, product, or entity is expected to exist or function.