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NEW QUESTION: 1
A firm is considering a project whose estimated cash flows have indicated a payback period of 3.68 years.
It requires an initial outlay of $1,000 and has end-of-year cash flows of $350, $270 and $225 in the first 3 years. The firm's marginal discount rate is 9%. The project's projected cash flow for year 4 equals
________.
A. 0
B. 1
C. 2
D. 3
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The payback period is defined as the expected number of years that would be required to recover the original investment. In particular, Payback period = Years before full recovery + (unrecovered cost at the start of payback year)/(net cash flow in the payback year) In this case, the recovery occurs in the 3rd year.
At the beginning of the 3rd year, the unrecovered cost equals 1,000 - 350 - 270 - 225 = 155. If total cash flow in the 4th year equals C, then payback period = 3 + 155/C = 3.68 years. Solving for C gives C = 228.
Note that the discount rate does not figure in the calculation of payback period.
NEW QUESTION: 2
In order to provide information that is suitable for control purposes, the budget must be:
A. Computer generated
B. Fixed
C. Flexed
D. Ideal
Answer: C
NEW QUESTION: 3
Which statement about G.722.1 codec support on Cisco Unified Communications Manager is true?
A. It operates at bit rates of 15.2 and 13.3 kb/s.
B. It is always preferred by Cisco Unified Communications Manager over G.711.
C. It is supported for SIP and SCCP devices.
D. It is a high-complexity wideband codec.
E. It is supported for SIP and H.323 devices.
Answer: E
Explanation:
Explanation/Reference:
Explanation:G.722.1 is a low-complexity wideband codec operating at 24 and 32 kb/s. The audio quality approaches that of G.722 while using at most half the bit rate. As it is optimized for both speech and music,
G.722.1 has slightly lower speech quality than the speech-optimized iSAC codec. G.722.1 is supported for SIP and H.323 devices.
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