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Assume a $200,000 investment and the following cash flows for two products: year Product X Product Y 1 $ 50,000 $ 50,000 2 80,000 60,000
Assume a $200,000 investment and the following cash flows for two products:
year | Product X | Product Y | ||||
1 | $ | 50,000 | $ | 50,000 | ||
2 | 80,000 | 60,000 | ||||
3 | 65,000 | 50,000 | ||||
4 | 30,000 | 50,000 |
a. Calculate the payback period for products X and Y
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