Dusk Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 Cash flows −$1,150 $500 $500 $500 a. 2.07 years b. 2.30 years c. 1.86 years d. 2.53 years e. 278 years
Dusk Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 Cash flows −$1,150 $500 $500 $500 a. 2.07 years b. 2.30 years c. 1.86 years d. 2.53 years e. 278 years
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter26: Capital Investment Analysis
Section: Chapter Questions
Problem 4CMA
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Dusk Inc. is considering a project that has the following cash flow data. What is the project's payback?
Year |
0 |
1 |
2 |
3 |
Cash flows |
−$1,150 |
$500 |
$500 |
$500 |
a. 2.07 years
b. 2.30 years
c. 1.86 years
d. 2.53 years
e. 278 years
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