Payback period payson manufacturing is considering an investment in a new automated manufacturing system. the new system requires an investment of $1,200,000 and either has: even cash flows of $300,000 per year or the following expected annual cash flows: $150,000, $150,000, $400,000, $400,000, and $100,000. required: calculate the payback period for each case.

Driving would be more pleasant if we didn't have to put up with the bad habits of other drivers. a newspaper reported the results of a valvoline oil company survey of 500 drivers in which the drivers marked their complaints about other drivers. the top complaints turned out to be tailgating, marked by 24% of the respondents; not using turn signals, marked by 19%; being cut off, marked by 15%; other drivers driving too slowly, marked by 12%; and other drivers being inconsiderate marked by 5%.