Question
The following are the cash flows of two projects: Year Project A Project B 0 $240 $240 1 120 140 2 120 140 3 120
The following are the cash flows of two projects:
Year Project A Project B
0 $240 $240
1 120 140
2 120 140
3 120 140
4 120
What is the payback period of each project?(Round your answers to 1 decimal place.)
Project A Payback period: _____years
Projet B Payback period: _______years
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
013447631X, 134476315, 9780134478197 , 978-0134476315
