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please show all work thank you!:) EX 10-5 Cash payback period for a service company Fidelity Bancorp Inc, is evaluating two capital investment proposals for
please show all work thank you!:)
EX 10-5 Cash payback period for a service company Fidelity Bancorp Inc, is evaluating two capital investment proposals for a drive-up ATM kiosk, each requiring an investment of $280,000 and each with an eight-year life and expected total net cash flows of $448,000. Location 1 is expected to provide equal annual net cash flows of $56,000, and Location 2 is expected to have the following unequal annual net cash flows: Determine the cash payback period for both location proposals. EX 10-5 Cash payback period for a service company Fidelity Bancorp Inc, is evaluating two capital investment proposals for a drive-up ATM kiosk, each requiring an investment of $280,000 and each with an eight-year life and expected total net cash flows of $448,000. Location 1 is expected to provide equal annual net cash flows of $56,000, and Location 2 is expected to have the following unequal annual net cash flows: Determine the cash payback period for both location proposals Step by Step Solution
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