Question

eBook Problem Walk-Through Project L requires an initial outlay at t 0 of $53,000, its expected cash inflows are $8,000 per y
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Payback of project cost means to receive//get the investment amount without any interest. Payback  period means , how long it will take to recover the initial investment .

Formula= Investment/Cash inflow  

As per the given data -- Initial Outlay / Initial Investment = 53000

Income/ Inflow from the Project is 8000

hence the answer is 53000/8000 =6.63

Add a comment
Know the answer?
Add Answer to:
eBook Problem Walk-Through Project L requires an initial outlay at t 0 of $53,000, its expected...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT