Which option identifies the concept being utilized in the following scenario?
a cereal manufacturer is planning to improve its facility by repaving the parking lots and installing new lighting for a cost of $50,000. they determine that, given a 5 percent interest rate, with a $10,000 down payment, it would take them 10 years to break even.
payback period analysis
time value of money analysis
discount rate of return analysis
discounted payback period analysis