Abhaliya QS 24-4 (Algo) Payback period and unequal cash flows LO P1Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place.)Net Cash Flowsper Year$ (102,000)Cumulative NetCash Flows$ (102,000)(91,800)(71,600)(51,400)(28,140)YearInitial investment1.2.3.4.5.6.Payback period10,20020,20020,20023,26040,20040,200years12,06052,260

Payback Period is the time it takes for an investment to recover its initial cost.It's a simple…

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

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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