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ABC INC. The company has the following two projects: Year Cash Flow 0 -143,200 1 34,000 2 39,000 3 32,000 4 19,000 5 17,200 6
ABC INC. The company has the following two projects:
Year | Cash Flow |
| |||||
0 |
| -143,200 |
|
|
| ||
1 |
| 34,000 |
|
|
|
| |
2 |
| 39,000 |
|
|
|
| |
3 |
| 32,000 |
|
|
|
| |
4 |
| 19,000 |
|
|
|
| |
5 |
| 17,200 |
|
|
|
|
|
6 |
| 15,300 |
|
|
|
|
|
What is the payback period? (Round the final answers to 2 decimal places.) please show work
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