Question
Metlock Inc. is contemplating a capital investment of $68000. The cash flows over the projects four years are: Expected Annual Expected Annual Year Cash Inflows
Metlock 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 | $38000 | $12000 |
| 2 | 33000 | 18000 |
| 3 | 40000 | 22000 |
| 4 | 32000 | 20000 |
The cash payback period is
1.83 years.
3.75 years.
3.47 years.
2.93 years.
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Survey of Accounting
Authors: Thomas Edmonds, Christopher, Philip Olds, Frances McNair, Bor
4th edition
77862376, 978-0077862374
