Present Value Present Value of Net Cash of Net Cash Year Flows Flows $ (136,900) 44,545 40,494 31,878 33,467 30,424 $ (136,900) (92,355) (51,861) (19,983) 13,484 43,908 Initial investment 1. 2. 3. 4. 5. Break-even time years
Present Value Present Value of Net Cash of Net Cash Year Flows Flows $ (136,900) 44,545 40,494 31,878 33,467 30,424 $ (136,900) (92,355) (51,861) (19,983) 13,484 43,908 Initial investment 1. 2. 3. 4. 5. Break-even time years
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A $136,900 initial investment will generate the following present values of net cash flows. What is the break-even time for this investment? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Round "Break-even time" answer to 1 decimal place.)
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