Question
A new machine is expected to produce the following after-tax cash inflows over a period of 5 years: After-Tax Cash Inflows YearPer YearCumulative 116,00016,000 212,00028,000
A new machine is expected to produce the following after-tax cash inflows over a period of 5 years:
After-Tax Cash Inflows
YearPer YearCumulative
116,00016,000
212,00028,000
320,00048,000
48,00056,000
56,00062,000
If the machine will cost 40,000, its payback period is
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Bank Performance, Risk And Firm Financing
Authors: P. Molyneux
1st Edition
0230313353, 9780230313354
