The Net Initial Investment for a Piece of Construction Equipment

question 48

Multiple Choice

The net initial investment for a piece of construction equipment is $1 000 000.Annual cash inflows are expected to increase by $200 000 per year.The equipment has an eight-year useful life.The payback period is ______________:

• A)8 years
• B)7 years
• C)6 years
• D)5 years

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Definitions:

Megasporocyte

A cell within the ovules of plants that undergoes meiosis to produce four megaspores, leading to the development of female gametophytes.

Ovary

A female reproductive organ in which ova or eggs are produced, present in humans and other vertebrates as a pair.

Anther

The part of a flower's stamen that contains the pollen, critical for the reproduction process in plants.

Charophytes

A group of green algae that are the closest relatives of land plants, sharing common traits in cell division and sperm structure.