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Year Investment Cash Inflow 1 $ 14,000 $ 6,000 2 4,000 3 4,000 0 4 8,000 5 9,000 6 12,000 7 2,000 Knowledge Check 01
| Year | Investment | Cash Inflow |
|---|---|---|
| 1 | $ 14,000 | $ 6,000 |
| 2 | 4,000 | |
| 3 | 4,000 | 0 |
| 4 | 8,000 | |
| 5 | 9,000 | |
| 6 | 12,000 | |
| 7 | 2,000 |
Knowledge Check 01
Given here are the cash flows of an investment under consideration. What is the payback period of this investment?
multiple choice
3.5 years
5 years
4 years
3 years
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Study On The Auditing System Of Socialism With Chinese Characteristics
Authors: Jiayi Liu
1st Edition
111932470X, 978-1119324706
