FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Payback Period (Even cash flows) Suppose that a particular investment required an up-front capital outlay of $100,000. This investment is expected to yield cash flows

Payback Period (Even cash flows)

Suppose that a particular investment required an up-front capital outlay of $100,000. This investment is expected to yield cash flows of $15,000 per year for 10 years. What is the payback period for this investment? If required, round your answer to two decimal places.

Formula: Payback Period = Initial Investment/Annual Cash Flow

Please Find for me the Payback Period and explain it how?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Only Auditors Can Save The World Through Peace And Reconciliations

Only Auditors Can Save The World Through Peace And Reconciliations

Authors: Marina Peters

1st Edition

B08C47KG6N, 979-8657479355

More Books

Students also viewed these Accounting questions

Question

★★★★★
(a) What is the purpose of the account Allowance for Doubtful Accounts? (b) Although the normal balance of this account is a credit balance, it can sometimes have a debit balance. Explain how and...

Answered: 1 week ago

Question

★★★★★
=+29.7. 20.161 Suppose that the random vector X has a centered k-dimensional normal distribution whose covariance matrix has 1 as an eigenvalue of multi- plicity r and 0 as an eigenvalue of...

Answered: 1 week ago

Question

★★★★★
The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Management is concerned about the...

Answered: 1 week ago

Question

★★★★★
Payback Period (Even cash flows) Suppose that a particular investment required an up-front capital outlay of $100,000. This investment is expected to yield cash flows of $15,000 per year for 10...

Answered: 1 week ago

Question

★★★★★
Calculate the points and provide an overall total for each area. Directions: . View the "Safety Check" portion of the Grand City multimedia file. Using the table below, evaluate each of the rooms...

Answered: 1 week ago

Question

★★★★★
What is the financial viability of Western Union in the current international financial environment? (i.e., the last 2 to 3 years)

Answered: 1 week ago

Question

★★★★★
If you have further questions, kindly ask. This is about share options On January 1, 2019, Symphony grants its president the right to choose either 10,000 ordinary shares or to receive cash payment...

Answered: 1 week ago

Question

★★★★★
One of Arianna's co-workers repeatedly makes graphic comments about her body. He also texts nude images of himself to her cell phone. Arianna has likely experienced Quid pro que harassment. Hostile...

Answered: 1 week ago

Question

★★★★★
Does M - KOPA have the basis for a sustainable competitive advantage? If so , what is that basis? If not, why not?

Answered: 1 week ago

Question

★★★★★
Scenario 4: Dresses-We-Sell Dresses-We-Sell offers a line of upscale evening dresses in a boutique. The store charges $500 per dress and sales average 20 units per week. Currently, they order 80...

Answered: 1 week ago

Question

★★★★★
8. Explain the relationship between communication and context.

Answered: 1 week ago

Question

★★★★★
d. How were you expected to contribute to family life?

Answered: 1 week ago

Question

★★★★★
2. Analyzing Cultural Patterns. Find a text or speech that discusses some intercultural or cultural issues, and analyze the cultural patterns present in the text. Consider, for example, the I Have a...

Answered: 1 week ago

Previous Question Next Question