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I want accurate answer to this question. Don't give me wrong answer otherwise will give down น vote. If Joe wants to buy a second printer for his printing business that costs $10,000 and will generate an additional $4,000 in cash flow each year, what is the discounted payback period if an 11 discount rate is used? Can a project be acceptable based on the discounted payback period but be unacceptable using the NPV method? Why or why not?

I want accurate answer to this question. Don't give me wrong answer otherwise will give down น vote. If Joe wants to buy a second printer for his printing business that costs $10,000 and will generate an additional $4,000 in cash flow each year, what is the discounted payback period if an 11 discount rate is used? Can a project be acceptable based on the discounted payback period but be unacceptable using the NPV method? Why or why not?

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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I want accurate answer to this question. Don't give me wrong answer otherwise will give down น vote. If Joe wants to buy a second printer for his printing business that costs $10,000 and will generate an additional $4,000 in cash flow each year, what is the discounted payback period if an 11 discount rate is used? Can a project be acceptable based on the discounted payback period but be unacceptable using the NPV method? Why or why not?
Transcribed Image Text:I want accurate answer to this question. Don't give me wrong answer otherwise will give down น vote. If Joe wants to buy a second printer for his printing business that costs $10,000 and will generate an additional $4,000 in cash flow each year, what is the discounted payback period if an 11 discount rate is used? Can a project be acceptable based on the discounted payback period but be unacceptable using the NPV method? Why or why not?
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