contestada

The Golden Goose is considering a project with an initial cost of $46,700. The project will produce cash inflows of $10,000 for the first year and $12,000 per year for the following four years. What is the payback period

Respuesta :

The payback period is 4.06 years.

What is the payback period?

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Amount recovered in the first year = 46,700 - 10,000 = 36,700

Number of years it would take to recover 36,700 = 1 + (36700 / 12,000) = 4.06 years

To learn more about the payback period, please check: https://brainly.com/question/25716359

#SPJ1

Otras preguntas