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2 years ago

Worthington Inc. is considering a project that has the following cash flow data. What is the project's payback period?

Business

1 answer:

enyata [817]2 years ago

4 0

Answer:

The project's payback period is 2.5 years.

Explanation:

year cash flow comulative cash flow

0 -500 -500

1 150 -350

2 200 -150

3 300

payback period = 2 years + 150-300

= 2.5 years

Therefore, The project's payback period is 2.5 years.

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3 years ago

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