Find the Discounted Payback Period (DPP) for Oman Sofa Company if the initial investment is 12000 OMR and the cash Inflows are as follows: Year 1 =5000 OMR; Year 2 =4000 OMR; Year 3=3000 OMR and Year 4=5000 OMR. Use discount rate as 15%. Select one: a. 3.4 Years b. None c. 3.9 Years d. 2.3 Years e. 4.2 Years

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Find the Discounted Payback Period (DPP) for Oman Sofa Company if the initial investment is 12000 OMR and the cash Inflows are as follows: Year 1 =5000 OMR; Year 2 =4000 OMR; Year 3=3000 OMR and Year 4=5000 OMR. Use discount rate as 15%.
Select one:
a.
3.4 Years
b.
None
c.
3.9 Years
d.
2.3 Years
e.
4.2 Years
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