Question
Assume a $240,000 investment and the following cash flows for two products: Year Product X Product Y 1 $ 80,000 $ 80,000 2 60,000 90,000
Assume a $240,000 investment and the following cash flows for two products:
| Year | Product X | Product Y | ||||||||
| 1 | $ | 80,000 | $ | 80,000 | ||||||
| 2 | 60,000 | 90,000 | ||||||||
| 3 | 70,000 | 60,000 | ||||||||
| 4 | 50,000 | 40,000 | ||||||||
| Calculate the payback for products X and Y. (Do not round intermediate calculations. Round your answers to 2 decimal places.) b.Which alternative would you select under the payback method?
| ||||||||||
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Aircraft Finance Strategies For Managing Capital Costs In A Turbulent Industry
Authors: Bijan Vasigh, Reza Taleghani, Darryl Jenkins
1st Edition
1604270713, 9781604270716
