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Please complete (Show work) Year Cash Flow Net Income 0 $(265,000) $-------- 1 $83,120 $13,720 2 $90,900 $3,100 3 $131,200 $30,125 Required Rate of Return:
Please complete (Show work)
| Year | Cash Flow | Net Income |
| 0 | $(265,000) | $-------- |
| 1 | $83,120 | $13,720 |
| 2 | $90,900 | $3,100 |
| 3 | $131,200 | $30,125 |
Required Rate of Return: 12.00%
Average book value: $70,000
Payback criteria (years): 6.0
Discount Payback Criteria (years): 4.5
Average Accounting return: 25.0%
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Management Audits For Excellence
Authors: Dorsey J. Talley
1st Edition
0873890396, 978-0873890397
