Resnick Inc. is considering a project that has the following cash flow data. What is the project's payback?Year 0 1 2 3Cash flows -$325 $200 $200 $2001. 1.93 years2. 1.63 years3. 1.80 years4. 1.67 years5. 1.50 years

2. 1.63 years

Explanation;

Payback period is one way of checking to viability of a project by checking how long it will take for the project to pay back it's initial investment.

Payback Period = Year before Payback + (Amount remaining till payback/ Cash inflow in Year of Payback)

Cash inflow is $200 each so 2 years will bring in $400 which is more than the investment.

Year before payback is therefore 1 year.

Amount remaining till payback = 325 - 200 = 125

Cash inflow in Year of Payback being the second year is $200.

Payback Period = 1 + ( 125/200)

= 1 + 0.625

= 1.625

= 1.63 years

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer; dogs;