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Exhibit 1: The expected cash flows in US$ from the project in Ohio and North Dak Year Cash flow (Ohio) Cash flow (ND) (2,200,000) (2,400,000) 1* 500,000 350,000 2 245,000 185,000 3 287,000 205,000 300,000 290,000 5 388,000 380,000 6 480,000 590,000 7 530,000 400,000 585,000 583,000 590,000 580,000 10 692,000 720,000 CO

Exhibit 1: The expected cash flows in US$ from the project in Ohio and North Dak Year Cash flow (Ohio) Cash flow (ND) (2,200,000) (2,400,000) 1* 500,000 350,000 2 245,000 185,000 3 287,000 205,000 300,000 290,000 5 388,000 380,000 6 480,000 590,000 7 530,000 400,000 585,000 583,000 590,000 580,000 10 692,000 720,000 CO

Essentials Of Investments
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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Compute the payback period for both the projects.

 

Exhibit 1: The expected cash flows in US$ from the project in Ohio and North Dakota. Year Cash flow (Ohio) Cash flow (ND) 10 (2,200,000) (2,400,000) 500,000 350,000 245,000 185,000 3 287,000 205,000 300,000 290,000 5 388,000 380,000 480,000 590,000 530,000 400,000 18 585,000 583,000 19 590,000 580,000 10 692,000 720,000 *note: The year 1 cash flow includes government stimulus payment of $100,000 to support business projects. 2.
Transcribed Image Text:Exhibit 1: The expected cash flows in US$ from the project in Ohio and North Dakota. Year Cash flow (Ohio) Cash flow (ND) 10 (2,200,000) (2,400,000) 500,000 350,000 245,000 185,000 3 287,000 205,000 300,000 290,000 5 388,000 380,000 480,000 590,000 530,000 400,000 18 585,000 583,000 19 590,000 580,000 10 692,000 720,000 *note: The year 1 cash flow includes government stimulus payment of $100,000 to support business projects. 2.
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