Question
Assume a $72,000 investment and the following cash flows for two alternatives. Year Investment X Investment Y 1 $22,000 $32,000 2 20,000 25,000 3 25,000
Assume a $72,000 investment and the following cash flows for two alternatives.
| Year | Investment X | Investment Y | ||||
| 1 | $22,000 | $32,000 | ||||
| 2 | 20,000 | 25,000 | ||||
| 3 | 25,000 | 20,000 | ||||
| 4 | 10,000 | |||||
| 5 | 30,000 | |||||
|
| ||||||
a. Calculate the payback for investment X and Y. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
| Investment X | Years | |
| Investment Y | Years |
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Corporate Financial Distress A Study Of The Italian Manufacturing Industry
Authors: Matteo Pozzoli , Francesco Paolone
1st Edition
3319673548,3319673556
