Use the Information for the Question(s) Below

question 46

Multiple Choice

Use the information for the question(s) below.

-A florist is buying a number of motorcycles to expand its delivery service. These will cost $78,000 but are expected to increase profits by $3000 per month over the next four years. What is the payback period in this case?

• A) 10.40 months
• B) 15.60 months
• C) 19.50 months
• D) 26.00 months

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Definitions:

Exporting Of Goods

The process of sending goods or products from one country to another for the purpose of selling.

Technically-Skilled Workers

Employees who possess specialized technical skills, often relating to a specific field or technology, enabling them to perform complex tasks efficiently.

BRIC Country

Refers to Brazil, Russia, India, and China, which are four fast-growing developing economies with significant influence on global markets.

Contractual Agreements

Formal, legally binding agreements between two or more parties that specify the terms and conditions of their relationship or transaction.