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Equipment A costing $100,000 is expected to generate $15,000 annually in cash inflows during its life of 7 years.Equipment B costing $150,000 is expected to generate $22,000 annually in cash inflows during its life of 8 years.Equipment C costing $80,000 is expected to generate $16,000 annually in cash inflows during its life of 6 years Rank the three investments in terms of payback period.
Constructivist
Constructivism is an artistic and architectural philosophy that originated in Russia in the early 20th century, emphasizing abstract, geometric forms and the use of modern materials to reflect modern social functions and values.
Sculptural Style
The distinct manner or technique in which sculptures are fashioned, often indicative of a specific period, culture, or artist.
Readymades
Artistic works created by selecting and designating ordinary, manufactured objects as art, a concept most associated with Marcel Duchamp.
Dada Artist
An artist associated with Dadaism, a cultural movement of the European avant-garde in the 20th century, known for its anti-war politics and rejection of traditional aesthetic norms.
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