What is the payback period for Colby?

What is the payback period for Kylie?

How much did Carsen invest in the project?

How much cash does Rahn receive each year?

Exercise 12-31		Name:
Enter the appropriate amounts or formulas in the shaded cells.
An asterisk (*) will appear in the column to the right of an incorrect amount.
		Investment		Yearly income	=	Payback period
1.	Payback period	$400,000		$120,000		3.33
2.	Payback period
	$ 350,000		year (to one decimal)
	490,000		year (to one decimal)
	560,000		year (to one decimal)
	$ 1,400,000		years (to one decimal)
		Annual cash flow		Payback period	=	Investment
3.	Investment	$960,000		4.0		$3,840,000
		Investment		Payback period	=	Yearly income
4.	Annual cash flow	$1,300,000		2.5		$520,000