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A home remodeling company is considering investing in two different house flips, Cantrell and Fuller. The company would like your help in determining which flip
A home remodeling company is considering investing in two different house flips, Cantrell and Fuller. The company would like your help in determining which flip they should invest in Use the Tableau Dashboard to assist in your analysis.
Required:
Calculate the payback period of each house flip.
Assume the company has unlimited funds and will pursue any project with a payback period of less than five years. Which houses should the company pursue?
Now assume the company has a limited amount to invest but no internal payback period requirements, and must decide between Cantrell and Fuller. Which house should they select based on the payback period analysis?
Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Required
Calculate the payback period of each house flip.
Note: Enter your answers rounded to two decimal places.
tableProjecttableProject PaybackPeriodCantrell
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