Use the Information for the Question(s)below

question 35

Multiple Choice

Use the information for the question(s) below.

-A florist is buying a number of motorbikes to expand its delivery service. These will cost $87 000, but are expected to increase profits by $3 000 per month over the next four years. What is the payback period in this case?

• A)29 months
• B)18 months
• C)12 months
• D)24 months

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Definitions:

Genus

A term in taxonomy and logic referring to a class or group that shares common characteristics, serving as a means of categorizing entities.

Essential Attributes

Fundamental qualities or characteristics that define the nature of something, without which it would not be what it is.

Genus

A category that encompasses a collection of entities with shared traits, frequently employed in the taxonomy of biology to indicate a level higher than species but lower than family.

Differentia

The trait or characteristic that distinguishes one thing from another, especially within classification.