Question
The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year Investment Cash Inflow 1 $ 13,000
The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows:
| Year | Investment | Cash Inflow | ||
| 1 | $ | 13,000 | $ | 1,000 |
| 2 | $ | 11,000 | $ | 2,000 |
| 3 | $ | 3,500 | ||
| 4 | $ | 4,000 | ||
| 5 | $ | 5,000 | ||
| 6 | $ | 4,000 | ||
| 7 | $ | 5,000 | ||
| 8 | $ | 6,000 | ||
| 9 | $ | 3,000 | ||
| 10 | $ | 8,000 | ||
Determine the Payback Period.
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Information Systems Control And Audit
Authors: Et Al. Hyo-Jeong Kim, Michael Mannino, Compiled By Koros Press Editorial Board
1st Edition
1781639426, 978-1781639429
