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EX 25-5 Cash payback period Nations trust is evaluating two capital investment proposals for a drive-up ATM kioks, each requiring an investment of $380,000 and
EX 25-5 Cash payback period
Nations trust is evaluating two capital investment proposals for a drive-up ATM kioks, each requiring an investment of $380,000 and each with an eight-year life and expected total net cash flows of $608,00. Location 1 is expected to provide equal annual net cash flows of $76,000, and location 2 is expected to have the following unequal annual net cash flows.
Determine the cash payback period for both proposals.
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