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(Ignore income taxes in this problem.) The Zinger Corporation is considering an investment that has the following data: Year 1 Year 2 Year 3
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| (Ignore income taxes in this problem.) The Zinger Corporation is considering an investment that has the following data: |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | |
| Investment | $18,000 | $5,000 | |||
| Cash inflow | $4,000 | $4,000 | $11,000 | $6,000 | $6,000 |
| Cash inflows occur evenly throughout the year. The payback period for this investment is: (Round your answer to 1 decimal place) |
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The Business Strategy Audit
Authors: Vernal Della-Piana, Murray Low, Kendall Lyman
1st Edition
978-0955970740
