Question
The management of Daytona Industries, an interior design company, is considering a R250 000 investment in a high-quality booking system with the following cash flows:
The management of Daytona Industries, an interior design company, is considering a R250 000 investment in a high-quality booking system with the following cash flows:
Year Cash Inflow
1 R 30 000
2 R 60 000
3 R120 000
4 R130 000
5 R160 000
If the company wants to recover its initial investment in year 3, is the investment worthwhile?
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Liquidity Risk Management In Banks Economic And Regulatory Issues
Authors: Roberto Ruozi, Pierpaolo Ferrari
1st Edition
3642295800, 978-3642295805
