Evan Cram Is Considering an Investment in a Solar-Powered Irrigation

question 138

Multiple Choice

Evan Cram is considering an investment in a solar-powered irrigation system manufacturer. The initial investment is $200,000. He expects to receive cash income of $100,000 a year. What is the payback period?

• A) 1.0 year
• B) 1.5 years
• C) 2.0 years
• D) 2.5 years

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Definitions:

Monozygotic Twins

Twins that originate from a single fertilized egg, splitting and developing into two individuals with identical genetic information.

Genetically Identical

Having exactly the same DNA sequence in every genetic locus, as seen in identical twins or clones.

Placenta

An organ that develops in the uterus during pregnancy, providing oxygen and nutrients to the growing fetus while removing waste products.

Nourishment

The provision of necessary materials, especially food, required by organisms and cells to stay alive, grow, and reproduce.