A CRC is

Equity or debt securities held to finance future construction of additional plants should beclassified on a balance sheet as

a. current assets. b. property, plant, and equipment. c. intangible assets. d. long-term investments.

Jamieson is considering a 5-year, $250,000 project with annual cash flows of $90,000. If the company's required return is 10%, determine its discounted payback.

A) 3.79 years B) 4.01 years C) 3.27 years D) 3.43 years