A Project Has an Initial Cost of $6,500

question 74

Multiple Choice

A project has an initial cost of $6,500.The cash inflows are $900,$2,200,$3,600,and $4,100 over the next four years,respectively.What is the payback period?

• A)1.73 years
• B)2.51 years
• C)2.94 years
• D)3.51 years
• E)3.94 years

---

Definitions:

Associated

Connected or linked with something else, typically indicating a relationship or affiliation between entities or concepts.

NLRB

The National Labor Relations Board, a US federal agency responsible for enforcing US labor law in relation to collective bargaining and unfair labor practices.

Bargaining Unit

A group of employees with a clear and identifiable community of interests who are represented by a single labor union in bargaining and legal matters.

Criteria

Standards or principles by which something is judged or decided.