Question
The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Year Investment Cash Inflow 1 15000 1000
The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows:
Year Investment Cash Inflow
1 15000 1000
2 8000 2000
3 2500
4 4000
5 5000
6 6000
7 5000
8 4000
9 3000
10 2000
1.Determine the payback period of the investment.
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
3rd Edition
133427889, 978-0133427882
