Which of the following is the formula for payback period?
A. Initial investment / increased cash flow per period.
B. (Average annual income from IT initiative) / (Total IT initiative investment cost).
C. CFt / (1 + r)t
D. Increased cash flow per period / initial investment.
Answer: A
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Suppose that a Swiss watch that costs 400 francs in Switzerland costs $200 in the United States. The exchange rate between the franc and the dollar is
a. 2 francs per dollar. b. 1 franc per dollar. c. $2 per franc. d. $3 per franc.
A manufacturing company has prepared the operating budget and the cash budget and is now preparing the budgeted balance sheet. The balance of Accounts Payable can be taken from the ________.
A) production budget and cost of goods sold budget B) financial budget C) cash budget D) selling and administrative expenses budget
A manufacturer of a product in the decline stage of its product life cycle would be LEAST likely to do which of the following?
A) continue producing the product for loyal users B) reduce the advertising budget for the product C) phase out production of the product D) advertise heavily without changing the product or its target market E) withdraw most marketing support for the product and rely on e-commerce
Responses women have to gender-based stereotypes depend on which of the following factors?
A. degree to which the followers engage in emotionally intelligent behaviors B. the followers’ self-efficacy C. the power the leader holds D. experience the leader has in dealing with gender bias