Question
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.)
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Current Issues In Auditing
Authors: Michael J Sherer, W Stuart Turley
3rd Edition
1853963658, 978-1853963650
