Question
Sandhill Crafts Corp. management is evaluating two independent capital projects that will each cost the company $260,000. The two projects will provide the following cash
Sandhill Crafts Corp. management is evaluating two independent capital projects that will each cost the company $260,000. The two projects will provide the following cash flows:
| Year | Project A | Project B | ||
|---|---|---|---|---|
| 1 | $68,750 | $84,125 | ||
| 2 | 99,450 | 74,125 | ||
| 3 | 32,235 | 159,250 | ||
| 4 | 133,655 | 76,110 |
(a1)
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What is the payback period of both projects? (Round answers to 2 decimal places, e.g. 15.25.)
| The Payback of Project A is enter a number of years for the Payback of Project A rounded to 2 decimal places years and Project B is enter a number of years for the Payback of Project B rounded to 2 decimal places years. |
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Bitcoin Technical Innovations From The Trenches
Authors: Sjors Provoost
1st Edition
9090360425, 978-9090360423
