Question
Healthy Food, Inc. is considering two investments. Each costs $10,000 but they have different cash flows which are below. Compute the payback period for each.
Healthy Food, Inc. is considering two investments. Each costs $10,000 but they have different cash flows which are below. Compute the payback period for each.
| Year | Project A | Project B |
| 1 | $12,000 | $10,000 |
| 2 | 8,000 | 6,000 |
| 3 | 6,000 | 16,000 |
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
6th Canadian edition
1259453146, 978-1259453144
