Question
Splish Brothers Inc. is contemplating a capital investment of $108000. The cash flows over the projects four years are: Expected Annual Expected Annual Year Cash
Splish Brothers Inc. is contemplating a capital investment of $108000. The cash flows over the projects four years are:
| Expected Annual | Expected Annual | |
| Year | Cash Inflows | Cash Outflows |
| 1 | $38000 | $14000 |
| 2 | 63000 | 23000 |
| 3 | 73000 | 30000 |
| 4 | 65000 | 40000 |
The cash payback period is
A. 3.04 years
B. 3.63 years
C. 2.16 years
D. 3.10 years
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Financial Accounting An Introduction to Concepts, Methods and Uses
Authors: Roman L. Weil, Katherine Schipper, Jennifer Francis
14th edition
978-1111823450, 1-133-36617-1 , 1111823456, 978-1-133-3661, 978-1133591023
