Seattle Inc. identifies an investment opportunity, which will yield cash flows of $30,000 per year in Years 1 through 4, $35,000 per year in Years 5 through 9, and $40,000 in Year 10. The initial cash outflow is $150,000, and the firm's required rate of return is 10 percent. Assume cash flows occur evenly during the year, 1/365th each day. What is the payback period for this investment? (Round off the answer to two decimal places.)?
A. ?5.23 years
B. ?4.86 years
C. ?4.00 years
D. ?6.12 years
E. ?4.35 years
Answer: B
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A. Evaluate performance. B. Revise standards. C. Compare performance to standards. D. Align processes with goals. E. Establish standards.
In the storming stage, a leader should first try to resolve any conflict that has been surfaced ______.
a. through dialogue b. by reprimanding or punishing a team member c. by removing a team member from the group d. by firing a team member
Which of the following statements is true?
a. One advantage of the payback period is that it disregards the time value of money. b. One of the assumptions of capital budgeting is that the longer it takes to recover the initial investment, the greater the project's risk. c. The payback period can be measured only if the annual cash flows are equal . d. The formula for computing payback period is: Payback Period = Investment -salvage value/ annual cash inflow
Using the assembly-line balancing procedure, which of the following is the required cycle time in minutes per unit if the daily production time is 480 minutes and the required daily output is 50 units?
A. 50 B. 480 C. 0.104 D. 9.6 E. Cannot be determined from the information given