Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You invest $200,000 in a project. Your returns as follows: Annual Net cumulative Net Year Cash Inflow Cash Inflow 1 $70,000 $70,000 2 $70,000 140000

You invest $200,000 in a project. Your returns as follows:

Annual Net cumulative Net

YearCash InflowCash Inflow
1$70,000$70,000
2$70,000

140000

3$80,000$220,000
4$50,000$270,000
530,000$300,000


Calculate your pay back period.

Step by Step Solution

3.36 Rating (146 Votes )

There are 3 Steps involved in it

Step: 1

Step 12 Pay back period is the Time taken for a Project to recover its Initial cash out flow ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing A Practical Approach

Authors: Robyn Moroney

1st Canadian Edition

978-1118472972, 1118472977, 978-1742165943

More Books

Students also viewed these Economics questions