Based on the cost of the capital investment in the new equipment and the cash flows for the next five years, the payback period is 2.4 years.
<h3>What is the payback period?</h3>
The payback period can be found by the formula:
= Year before payback + Amount remaining to be paid / Cashflow in year of payback
The year before payback can be inferred to be the Second year because $14,000 would have come in.
The remaining amount is:
= 16,000 - 14,000
= $2,000
Payback period is:
= 2 + 2,000 / 5,000
= 2.4 years.
Find out more on the payback period at brainly.com/question/23149718.
It is True that Gender-typing is fueled by gender schemas.
<h3>What is Gender schema?</h3>
Gender schema theory serves as cognitive theory of gender development that stress that any gender serves as output of a particular culture.
Gender schema theory can be attributed to
psychologist Sandra Bem who gave an assertion about how children is able to continuously learn about male as well as female roles from the culture that they grow up with.
This theory stressed that children can easily adjust their behavior so as to be able to fit in with the gender norms as regards their culture even from lowest stages of social development.
The theory was put up by psychologist Sandra and he explains that people process information, in part.
Learn more about gender schemas at
brainly.com/question/7277651
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Answer:
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Explanation:
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