Question
Green Wave, Inc. is considering the purchase of a $400 machine.The cash inflows expected from using the machine areas follows: end of year 1120 end
Green Wave, Inc. is considering the purchase of a $400 machine.The cash inflows expected from using the machine areas follows:
end of year 1120
end of year 2200
end of year 3250
What is the payback for this project?(regular payback, not discounted payback)
If the firm has a policy of only accepting projects with payback of 3 years or less, should the firm accept this project?
Show all work and if you you use calculator show all number inputed
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
