Beyer Company is considering buying an asset for $350,000. It is expected to produce the following net cash flows. Year 1 Year 2 $82,000 $45,000 Net cash flows Year Initial investment Year 1 Rad mit Compute the payback period for this investment. (Cumulative net cash outflows must be entered with a minus sign. Round your Payback Period answer to 2 decimal places) Year 2 Year 3 Year 4 Year 5 Total S Net Cash Flows (350,000) 82.000 45.000 70,000 100,000 14.000 41.000 Year 3 $70,000 Cumulative Cash Flows Payback period. ne response was expected cal formula besed calcu S (391,000) 82.000 127.000 C 197,000 377.000 391,000 00 Year 4 $180,000 6.93 years Year 5 $14,000 rre: he pots deducted
Beyer Company is considering buying an asset for $350,000. It is expected to produce the following net cash flows. Year 1 Year 2 $82,000 $45,000 Net cash flows Year Initial investment Year 1 Rad mit Compute the payback period for this investment. (Cumulative net cash outflows must be entered with a minus sign. Round your Payback Period answer to 2 decimal places) Year 2 Year 3 Year 4 Year 5 Total S Net Cash Flows (350,000) 82.000 45.000 70,000 100,000 14.000 41.000 Year 3 $70,000 Cumulative Cash Flows Payback period. ne response was expected cal formula besed calcu S (391,000) 82.000 127.000 C 197,000 377.000 391,000 00 Year 4 $180,000 6.93 years Year 5 $14,000 rre: he pots deducted
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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