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Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place Net Cash Flows Cumulative Net Cash Flows per Year $(102,000) 10,200 $ (102,000) (91,800) 20,200 (71,600) 20,200 (51,400) (28,140) Year. Initial investment 1. 2. 3. 4. 5. 6. Payback period 23,260 40,200 40,200 years 12,060 52,260

Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place Net Cash Flows Cumulative Net Cash Flows per Year $(102,000) 10,200 $ (102,000) (91,800) 20,200 (71,600) 20,200 (51,400) (28,140) Year. Initial investment 1. 2. 3. 4. 5. 6. Payback period 23,260 40,200 40,200 years 12,060 52,260

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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QS 24-4 (Algo) Payback period and unequal cash flows LO P1 Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place.) Net Cash Flows per Year $ (102,000) Cumulative Net Cash Flows $ (102,000) (91,800) (71,600) (51,400) (28,140) Year Initial investment 1. 2. 3. 4. 5. 6. Payback period 10,200 20,200 20,200 23,260 40,200 40,200 years 12,060 52,260
Transcribed Image Text:QS 24-4 (Algo) Payback period and unequal cash flows LO P1 Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place.) Net Cash Flows per Year $ (102,000) Cumulative Net Cash Flows $ (102,000) (91,800) (71,600) (51,400) (28,140) Year Initial investment 1. 2. 3. 4. 5. 6. Payback period 10,200 20,200 20,200 23,260 40,200 40,200 years 12,060 52,260
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