Bramble Inc. is contemplating a capital investment of $90000. The cash flows over the project's four years are: Expected Annual Cash Inflows Expected Annual Cash Outflows $29000 $12000 46000 19000 62000 26000 49000 Year 1 2 3 4 The cash payback period is O 3.20 years. O 3.56 years. O 3.48 years. O 2.42 years. 28000
Bramble Inc. is contemplating a capital investment of $90000. The cash flows over the project's four years are: Expected Annual Cash Inflows Expected Annual Cash Outflows $29000 $12000 46000 19000 62000 26000 49000 Year 1 2 3 4 The cash payback period is O 3.20 years. O 3.56 years. O 3.48 years. O 2.42 years. 28000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![Bramble Inc. is contemplating a capital investment of $90000. The cash flows over the project's four years are:
Expected Annual
Cash Inflows
Expected Annual
Cash Outflows
$29000
$12000
46000
19000
62000
26000
49000
Year
1
2
3
4
The cash payback period is
O 3.20 years.
O 3.56 years.
O 3.48 years.
O 2.42 years.
28000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe336772f-0516-4415-b99e-d621448cf720%2F6f9bca58-3f51-4517-805d-7ad7f2c4d124%2F9lqmam_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Bramble Inc. is contemplating a capital investment of $90000. The cash flows over the project's four years are:
Expected Annual
Cash Inflows
Expected Annual
Cash Outflows
$29000
$12000
46000
19000
62000
26000
49000
Year
1
2
3
4
The cash payback period is
O 3.20 years.
O 3.56 years.
O 3.48 years.
O 2.42 years.
28000
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