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Please help with number 3. Given the following: Calculate the breakeven/payback month and year. 2019 600,000 $ (250,000) $ 2020 650,000 $ 400,000 $ 2021
Please help with number 3.
Given the following: Calculate the breakeven/payback month and year. 2019 600,000 $ (250,000) $ 2020 650,000 $ 400,000 $ 2021 700,000 1,100,000 Period 0 2017 2018 Cash Flow $ (1,900,000) $ 500,000 $ 550,000 $ Cummulative $ (1,900,000) $ (1,400,000) $ (850,000) $ 1. Calculate the % of the amount to be paid off the cash flow in the year it will be paid off. -38% 2. Calculate the numeric month in the breakeven year -4.62 3. What month and year will it be paid off? Month YearStep by Step Solution
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