Frank Corporation manufactures a single product that has a selling price of $25.00 per unit. Fixed expenses total $64,000 per ye
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The payback period of making an investment in a retail shopping mall is 7 years.
Option A is the correct answer.
<h3>What is a payback period?</h3>A payback period is one of the techniques of capital budgeting that tells about how much time the investment amount got recovered by the company.
Given values:
Cost of investment: $630,000
Yearly cash flows: $90,000
Computation of payback period of the retail investment:
Therefore, when the retail investment of $630,000 made with annual cash flows of $90,000 provides a payback period of 7 years.
Learn more about the payback period in the related link:
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Part A:
Given that <span>Box office revenue at a multiplex cinema in paris is
euros per showing when the ticket price is p euros.
When p = 9,
Part B:
The linear approximation of the change in a function Δf(x) using a value, a, close to x is given by:
Given that </span><span>, then 
</span><span>Using a = 9, we have:
Thus, If p is raised by 0.5 <span>euros, then
Part C:
</span></span><span>The linear approximation of the change in a function Δf(x) using a value, a, close to x is given by:
Given that </span><span>, then
</span><span>Using a = 9, we have:
Thus, If p is lowered by 0.5 <span>euros, then
</span></span>
Given that <span>Box office revenue at a multiplex cinema in paris is
When p = 9,
Part B:
The linear approximation of the change in a function Δf(x) using a value, a, close to x is given by:
Given that </span><span>
</span><span>Using a = 9, we have:
Thus, If p is raised by 0.5 <span>euros, then
Part C:
</span></span><span>The linear approximation of the change in a function Δf(x) using a value, a, close to x is given by:
Given that </span><span>
</span><span>Using a = 9, we have:
Thus, If p is lowered by 0.5 <span>euros, then