This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The payback method of capital budgeting approach to an investment decision ________. (Read 69 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588
on: Mar 6, 2021

Question 1

The net initial investment for a piece of construction equipment is $2,900,000. Annual cash inflows are expected to increase by $500,000 per year. The equipment has an 10-year useful life. What is the payback period?
◦ 10.00 years
◦ 7.40 years
◦ 5.80 years
◦ 4.80 years

Question 2

The payback method of capital budgeting approach to an investment decision ________.
◦ considers cash flows over the life of the investment
◦ assumes that cash flows occur uniformly throughout the year
◦ considers time value of money
◦ ignores the initial investment
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Chloeellawright on Mar 6, 2021

jaykayy05

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


Chloeellawright

  • Member
  • Posts: 588
Reply 2 on: Mar 6, 2021
Gracias!

ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Inhibition as a primary method of succession in the marine intertidal zone. Inhibition as a primary method of succession in the marine intertidal zone.
Jane Goodall pioneered the modern approach to studying primates in the wild, involving close-up obse Jane Goodall pioneered the modern approach to studying primates in the wild, involving close-up obse
Performing Venipuncture Using the Vacutainer Method Performing Venipuncture Using the Vacutainer Method
Choosing the Best Conflict Resolution Approach Choosing the Best Conflict Resolution Approach
How to evaluate third-order determinants by Minors Method (Question 2) How to evaluate third-order determinants by Minors Method (Question 2)
Palpating the thyroid using a posterior approach Palpating the thyroid using a posterior approach
Video: Membrane transport proteins - pores, gated channels and pumps

For a complete list of videos, visit our video library