Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 09, 2024

A firm is evaluating a proposal which has an initial investment of $50,000 and has cash flows of $15,000 per year for five years. The

A firm is evaluating a proposal which has an initial investment of $50,000 and has cash flows of $15,000 per year for five years. The payback of the project is:

		a. 1.5 years
		b. 2 years
		c. 3.3 years
		d. 4 years

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Buyable Your Guide To Building A Self Managing Fast Growing And High Profit Business

Authors: Steve Preda

1st Edition

0998447846, 978-0998447841

More Books

Students explore these related Finance questions

Question

Two six- sided (balanced) dice are thrown. Find the probabilities of each of the following events: (a) A 5 does not occur on either throw; (b) The sum is 7; (c) A 5 and a 3 occur in any order; (d)...

Answered: 3 weeks ago

Question

The best way to thwart exhaustive searches by cryptanalysts is randomize the key thoroughly to make the key very long Alof the above to use codes

Answered: 3 weeks ago

Question

=+22.8. Wald's equation. Let X1, X2 ,... be independent and identically distributed with finite mean, and put S ,, = X, + . . . +X ,,. Suppose that ? is a stopping time: + has positive integers as...

Answered: 3 weeks ago

Question

In 2013, the Barton and Barton Company changed its method of valuing inventory from the FIFO method to the average cost method. At December 31, 2012, B & Bs inventories were $32 million (FIFO). B &...

Answered: 3 weeks ago

Question

Tess is the product manager for the Toyota Prius. Honda has recently launched its own hybrid car which has proved to be a capable competitor to the Prius. Since the Honda launch, Tess has noticed...

Answered: 3 weeks ago

Question

Andre is an amateur investor who holds a small portfolio consisting of only four stocks. The stock holdings in his portfolio are shown in the following table Percentage of Portfolio 20% 30% 35% 15%...

Answered: 3 weeks ago

Question

What are the different techniques used in decision making?

Answered: 3 weeks ago

Question

Which of the following is true about an inert electrode? [A] It does not participate in the chemical reaction [B] It acts as a source or sink for electrons [C] Both a and b [D] None of the above

Answered: 3 weeks ago

Question

What do we call the ratio of a number of fission produced by a given generation of neutrons to the number of fission of the preceding generation? [A] Critical factor [B] Energy factor [C]...

Answered: 3 weeks ago

Question

Glycol is added to aviation gasoline because it: [A] reduces evaporation of petrol [B] increases efficiency of petrol [C] prevents freezing of petrol [D] reduces consumption of petrol

Answered: 3 weeks ago

Question

When ice cubes are made, the entropy of water: [A] does not change [B] decreases [C] increases [D] may either increase or decrease depending on the process used

Answered: 3 weeks ago

Question

Determine whether a sales appeal is appropriate for each of the following situations: (Objectives 2, 4, and 5) a. You are responding to a complaint about the long lines at the checkouts in your...

Answered: 3 weeks ago

Question

Why do organizations choose to use high-quality paper for letters but not for memos? (Objective 6)

Answered: 3 weeks ago

Question

Explain where to place addressee and delivery notations on a letter and on an envelope. (Objectives 2 and 4)

Answered: 3 weeks ago

Previous Question Next Question