(Ignore income taxes in this problem.) The Keego Company is planning a $200,000 equipment investment which has an estimated five-year life with no estimated salvage value. The company has projected the following annual cash flows for the investment. year cash flows$120,000$60,000$40,000$40,000$40,000total $300,000Assuming that the cash inflows occur evenly over the year, the payback period for the investment is: a. 0.75 years b. 1.67 years c. 4.91 years d. 2.50 years
Bestessayspaper.com is committed to providing all of its services strictly complying with the applicable laws and regulations; moreover keeping them within the boundaries of ethics. Accordingly, any of its services as offered on its website (essay/dissertation) must not be misunderstood.
For any questions, feedback, or comments, we have an ethical customer support team that is always waiting in line for your inquiries.
Talk to us
+1 (347) 670-5218