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The Dammon Corp. has the following investment opportunities: Under the payback method and assuming these machines are mutually exclusive, which machine(s) would Dammon Corp. choose?
The Dammon Corp. has the following investment opportunities: Under the payback method and assuming these machines are mutually exclusive, which machine(s) would Dammon Corp. choose?
MachineA(10000)inflows Machine B (22500)inflows Machince C (33500)inflows
Year 1 $6000 Year 1 $12000 year 1 0
Year 2 $3000 year 2 $7500 year 2 $30000
Year 3 $3000 year 3 $1500 year 3 $5000
Year 4 0 year 4 $1500 year 4 $20000
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