It Will Cost $2,600 to Acquire a Small Ice Cream

question 93

Multiple Choice

It will cost $2,600 to acquire a small ice cream cart.Cart sales are expected to be $1,400 a year for three years.After the three years, the cart is expected to be worthless as that is the expected remaining life of the cooling system.What is the payback period of the ice cream cart?

• A).86 years
• B)1.46 years
• C)1.86 years
• D)2.46 years
• E)2.86 years

Understand the concepts of delayed development and how it impacts child health.

Recognize the importance of mental and emotional well-being across the lifespan, including during aging.

Identify strategies for health promotion and disease prevention across the lifespan.

Understand the central attitudes of the scientific approach to psychology.

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Definitions:

Actual Price Level

The current average level of prices for goods and services in an economy, reflecting inflation or deflation.

Corrective Actions

Steps taken to fix a problem or eliminate a cause of nonconformities in processes or products.

Expected Price Level

The anticipation or forecast of future prices overall, impacting saving and spending decisions of consumers and businesses.

Actual Price Level

The general level of prices for goods and services in the economy at a specific point in time.