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Independent Project B - Payback period calculation Time Net Cash Flow Cumulative Cash Flow Year 0 Initial Investment -52,000,000 Year 1 20,000,000 -32,000,000 Year 2

Independent Project B - Payback period calculation

Time Net Cash Flow Cumulative Cash Flow
Year 0 Initial Investment -52,000,000
Year 1 20,000,000 -32,000,000
Year 2 20,000,000 -12,000,000
Year 3 20,000,000 8,000,000
Year 4 20,000,000 28,000,000

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