Question
A machine costing P8,350 yields total cash flows of P13,100 over 5 years. The following pertains to the annual cash flows using the machine: Year
A machine costing P8,350 yields total cash flows of P13,100 over 5 years. The following pertains to the annual cash flows using the machine:
| Year | Net Cash Inflows |
| 1 | P1,750 |
| 2 | 2,250 |
| 3 | 2,850 |
| 4 | 3,000 |
| 5 | 3,250 |
Compute the company's payback reciprocal.
Step by Step Solution
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Step: 1
To calculate the companys payback reciprocal we need to determine the payback ...
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
