The Management of Zesty Corporation Is Considering the Purchase of a New

question 85

Multiple Choice

The management of Zesty Corporation is considering the purchase of a new machine costing $400,000.The company's desired rate of return is 10%.The present value factors for $1 at compound interest of 10% for Years 1 through 5 are 0.909, 0.826, 0.751, 0.683, and 0.621, respectively.In addition to the foregoing information, use the following data in determining the acceptability in this situation: The cash payback period for this investment is

• A)5 years
• B)4 years
• C)2 years
• D)3 years

---

Definitions:

Remaining Employees

The employees who continue to work for an organization after others have left, often after layoffs or voluntary departures.

Internship Positions

Opportunities for individuals, often students or recent graduates, to gain practical experience in their field of interest, typically for a determined period.

Hiring Process

The series of steps undertaken by an organization to recruit and select candidates for job positions, from job posting to final selection.

Claims

Assertions or statements made, usually in writing, that something is the case, often requiring proof or evidence.