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Computer Basics Offers Three Types of On-Line Basic Computer Training

question 119

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Computer Basics offers three types of on-line basic computer training: Office, Web Design, and Programming.In the past, for every 20 students who sign up for training, 10 take the Office, 6 take Web Design, and 4 take Programming.Compute Basics has calculated a breakeven point of 1,200 courses.How many of the 1,200 courses will be Office?


Definitions:

Discounted Payback Rule

A capital budgeting technique that calculates the time required to recoup the cost of an investment, taking into account the time value of money.

Net Present Value

A technique used in finance to determine the value of a series of future cash flows discounted back to their value in today's dollars.

Time Value

The principle that money in hand today is valued higher than the equivalent amount at a future date, owing to its ability to earn more over time.

Cash Flows

The total amount of money being transferred into and out of a business, particularly affecting its liquidity.

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