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Please help with number 3. Given the following: Calculate the breakeven/payback month and year. Period 0 2017 2018 2019 2020 2021 Cash Flow $ (2,000,000)
Please help with number 3.
Given the following: Calculate the breakeven/payback month and year. Period 0 2017 2018 2019 2020 2021 Cash Flow $ (2,000,000) $ 500,000 $ 550,000 $ 600,000 $ 650,000 $ 700,000 Cummulative $ (2,000,000) $ (1,500,000 $ (950,000) $ (350,000) $ 300,000 $ 1,000,000 1. Calculate the % of the amount to be paid off/ the cash flow in the year it will be paid off. 54% *Changed to be a positive for later calculations... I think this would be what he wants 2. Calculate the numeric month in the breakeven year 6.46 3. What month and year will it be paid off? Month YearStep by Step Solution
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