Consider the Following Four-Year Project

question 20

Multiple Choice

Consider the following four-year project.The initial after-tax outlay or after-tax cost is $1,000,000.The future after-tax cash inflows for years 1,2,3 and 4 are: $400,000,$300,000,$200,000 and $200,000,respectively.What is the payback period without discounting cash flows?

• A)2.5 years
• B)3.0 years
• C)3.5 years
• D)4.0 years

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Definitions:

Employee Recruitment

The process of attracting, selecting, and appointing suitable candidates for jobs within an organization.

Retention

The ability to keep or hold something, such as retaining employees within a company.

Psychologically Healthy

Pertaining to a state of mental well-being where an individual realizes their own abilities, can cope with normal stresses, work productively, and contribute to their community.

Workplace

A location or environment where people are employed and perform tasks or duties for a business or organization.