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Q3. Suggest Seventh Vision which project is feasible to choose?(7 marks) Q4. Mentions any three valid reasons for choosing the particular project (3 Marks)

Q3. Suggest Seventh Vision which project is feasible to choose?(7 marks) Q4. Mentions any three valid reasons for choosing the particular project (3 Marks)

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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Part II Company Seventh vision is considering an investment of $100,000. The useful life of the project is 10 years. The cutoff period is three (3) years. The board of directors has identified two alternatives A and B. The expected annual cash flows are as follows:(Using payback period) Cost or Cash Flow Alternative A Alternative B Initial cost ($100,000) ($100,000) Cash flow year 1 Cash flow year 2 Cash flow year 3 35,000 35,000 28,000 35,000 32,000 35,000 Cash flow year 4 40,000 35,000 Q3. Suggest Seventh Vision which project is feasible to choose?(7 marks) Q4. Mentions any three valid reasons for choosing the particular project (3 Marks)
Transcribed Image Text:Part II Company Seventh vision is considering an investment of $100,000. The useful life of the project is 10 years. The cutoff period is three (3) years. The board of directors has identified two alternatives A and B. The expected annual cash flows are as follows:(Using payback period) Cost or Cash Flow Alternative A Alternative B Initial cost ($100,000) ($100,000) Cash flow year 1 Cash flow year 2 Cash flow year 3 35,000 35,000 28,000 35,000 32,000 35,000 Cash flow year 4 40,000 35,000 Q3. Suggest Seventh Vision which project is feasible to choose?(7 marks) Q4. Mentions any three valid reasons for choosing the particular project (3 Marks)
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