Please do not give solution in image format thanku 12WPorter Company is analyzing two potential investmentsProject X$100,500Initial investmentset cash flowYear 15,900Year 235,500Year 335,500Year 420,000The payback period in years pounded to 2 decimal places for Project isMr ChoiceOOO1004.00336400435Project Y$ 79,00033,50033,50033.500

Payback Period is a measure, which measure the period, in which our initial investment will be paid…

Answered: The payback period in years Pounded to…

Business

Accounting

The payback period in years Pounded to 2 decimal places for Project is

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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Question

Please do not give solution in image format thanku

12
W
Porter Company is analyzing two potential investments
Project X
$100,500
Initial investment
set cash flow
Year 1
5,900
Year 2
35,500
Year 3
35,500
Year 4
20,000
The payback period in years pounded to 2 decimal places for Project is
Mr Choice
O
O
O
100
4.00
336
400
435
Project Y
$ 79,000
33,500
33,500
33.500

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