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Marigold Inc. is contemplating a capital investment of $68000. The cash flows over the projects four years are: Expected Annual Expected Annual Year Cash Inflows
Marigold Inc. is contemplating a capital investment of $68000. The cash flows over the projects four years are:
Expected Annual | Expected Annual | |
Year | Cash Inflows | Cash Outflows |
1 | $32000 | $10000 |
2 | 38000 | 16000 |
3 | 40000 | 20000 |
4 | 30000 | 22000 |
The cash payback period is
1.90 years.
2.95 years.
3.65 years.
3.50 years.
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