Salalah Foods has invested in new machinery at a cost of 1450000 OMR. This investment is expected to produce cash flows of 640000 OMR, 715250 OMR, 823330 OMR, and 907125 OMR over the next four years. What is the payback period for this project? Select one: a. 1.63 years b. 2.11 years c. 1.34 years d. 2.42 years e. None of these
Salalah Foods has invested in new machinery at a cost of 1450000 OMR. This investment is expected to produce cash flows of 640000 OMR, 715250 OMR, 823330 OMR, and 907125 OMR over the next four years. What is the payback period for this project? Select one: a. 1.63 years b. 2.11 years c. 1.34 years d. 2.42 years e. None of these
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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Salalah Foods has invested in new machinery at a cost of 1450000 OMR. This investment is expected to produce cash flows of 640000 OMR, 715250 OMR, 823330 OMR, and 907125 OMR over the next four years. What is the payback period for this project?
Select one:
a. 1.63 years
b. 2.11 years
c. 1.34 years
d. 2.42 years
e. None of these
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