Question
Brick Inc. is considering a project that has the following cash flow data.What is the project's payback? Year0123 Cash flows-$500$200$200$200 a.2.00 years b.2.25 years c.2.50
Brick Inc. is considering a project that has the following cash flow data.What is the project's payback?
Year0123
Cash flows-$500$200$200$200
a.2.00 years
b.2.25 years
c.2.50 years
d.2.75years
e.3.00 years
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Practical Financial Management
Authors: William R. Lasher
8th edition
1305637542, 978-1305887237, 1305887239, 978-1305637542
