Mr J's Bagels Invested in a New Oven for $14,000

question 116

Multiple Choice

Mr. J's Bagels invested in a new oven for $14,000. The oven reduced the amount of time for baking which increased production and sales for five years by the following amounts of cash inflows: $$\begin{array} { | l | l | l | l | l | } \hline \text { Year 1 } & \text { Year 2 } & \text { Year 3 }& \text { Year 4 } &\text { Year 5 } \\\hline \$8,000&\$6,000&\$5,000&\$6,000&\$5,000\\\hline\end{array}$$ Using the averaging method, the payback period for the investment in the oven would be:

• A) 5.0 years.
• B) 2.3 years.
• C) 2.0 years.
• D) 0.5 years.

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Definitions:

Prioritize Problems

The process of arranging issues or challenges in order of importance to address the most critical or impactful ones first.

Care Planning

The process in which healthcare professionals, often in collaboration with the patient, develop a comprehensive plan to meet the patient's medical needs and improve health outcomes.

Autonomy and Skills

The capacity of an individual to make an informed, un-coerced decision, and the abilities acquired to perform tasks effectively.

Personal Environment

The physical and social settings that surround and influence an individual's wellbeing.