Question
Bradshaw Inc. is contemplating a capital investment of $88,000. The cash flows over the project's four years are: Expected Annual Year Expected Annual Cash Inflows
Bradshaw Inc. is contemplating a capital investment of $88,000. The cash flows over the project's four years are:
| Expected Annual Year | Expected Annual Cash Inflows | Cash Outflows | ||
|---|---|---|---|---|
| 1 | $30,000 | $12,000 | ||
| 2 | 45,000 | 20,000 | ||
| 3 | 60,000 | 25,000 | ||
| 4 | 50,000 | 30,000 | ||
The cash payback period is
| 3.59 years. |
|
| 3.50 years. |
|
| 2.37 years. |
|
| 3.20 years Can someone show me the math for this? I think the answer is 3.50 years though |
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Vendor Audit Auditing Construction Contract Trust But Verify A Concise Guidebook On How To Execute Vendor Audit That Add Values To The Companys Bottom Line
Authors: Hin H Leong
1st Edition
1525554093, 978-1525554094
