Question
Assume a $62,000 investment and the following cash flows for two alternatives. Year Investment A Investment B 1 $ 20,000 $ 25,000 2 25,000 15,000
Assume a $62,000 investment and the following cash flows for two alternatives.
| Year | Investment A | Investment B | ||||
| 1 | $ | 20,000 | $ | 25,000 | ||
| 2 | 25,000 | 15,000 | ||||
| 3 | 15,000 | 40,000 | ||||
| 4 | 10,000 | |||||
| 5 | 25,000 | |||||
|
| ||||||
a. Calculate the payback for investment A and B. (Round your answers to 2 decimal places.)
Investment A_______years
Investment B________years
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Auditing Advances In Behavioral Research
Authors: Lawrence A. Ponemon, David R.L. Gabhart
1st Edition
0387976191, 978-0387976198
