1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
UkoKoshka [18]
3 years ago
10

Year Cash Flow 0 –$ 8,300 1 2,100 2 3,000 3 2,300 4 1,700 What is the payback period for the set of cash flows given above? (Do

not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Business
1 answer:
Readme [11.4K]3 years ago
7 0

Answer:

3.53 years

Explanation:

The computation of the payback period is shown below:

In year 0 = $8,300

In year 1 = $2,100

In year 2 = $3,000

In year 3 = $2,300

In year 4 = $1,700

If we sum the first 3 year cash inflows than it would be $7,400

Now we subtract the $7,400 from the $8,300 , so the amount is  $900 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it

And, the next year cash inflow is $1,700

So, the payback period equal to

= 3 years + $900 ÷ $1,700

= 3.53 years

You might be interested in
The average do-it-yourself bedroom makeover costs $475 with a standard deviation of $86 (fictional data). tanya redoes her daugh
irinina [24]
Given with $475 as the previous cost of the do-it-yourself bedroom makeover, $602 as the cost when she redoes her daughter's room, and $86 as the standard deviation. The percent of bedroom makeovers cost less than Tanya spent, that is rounded to two decimal places is 93.06%.
6 0
3 years ago
When it comes to investing, what is the typical relationship between risk and return?
bonufazy [111]
D i would think im not shure thoe
5 0
3 years ago
Read 2 more answers
53:1
Fiesta28 [93]

Answer:

A. It may cause people to lose trust in you.

Explanation:

Unethical behavior is one where an individual behaves in such a way that it is bad for others or an action that may be morally wrong. It is an action that renders the wrong perception of others.

One thing true about unethical behavior is that it can cause people to lose trust in the person. It makes the person look bad and thus add to the dishonesty, the feeling of untrustworthiness in that person.

Thus, the correct answer is option A.  

5 0
3 years ago
What happens to the matter and energy in fossil fuels when the fuels are burned? Help
Tatiana [17]
The fuel is exposed to heat and oxygen and it burns producing byproducts and heat. The heat is ultimately often used in an engine to reduce motion for transportation some other form of mechanical motion or Electricity
8 0
2 years ago
Business communication
KATRIN_1 [288]

Answer:

We do this so that people can see your business and how it is

7 0
2 years ago
Other questions:
  • 1. Scenario: Stephanie has been driving for four years without any major auto accidents-until today. It was pouring rain when sh
    5·1 answer
  • If firms and households form their expectations about inflation by looking at past inflation, this form of expectations formatio
    8·1 answer
  • All of the following items are similar to each other except one. Which item is least like the others?
    10·1 answer
  • Members of the board of directors of have received the following operating income data for the year just​ ended:
    5·1 answer
  • Which of these have played the greatest role in the spread of information in the 21st century?
    5·2 answers
  • A process produces​ 6,000 units of output that yield​ $5.00 per unit. Resources contributed to this output are 200 hours of labo
    7·1 answer
  • Felix, a single taxpayer, claimed $180 of state tax as an itemized deduction on his 2018 tax return. The total itemized deductio
    9·1 answer
  • Why have nonalcoholic drinks increased in popularity, and what difficulties do bar managers face when serving alcohol
    5·1 answer
  • Name two kind of businesses that you could start in the fashion industry and explain what skills you would need to start them.
    13·1 answer
  • QS 20-18 (Static) Schedule of cash receipts LO P2 X-Tel budgets sales of $60,000 for April, $100,000 for May, and $80,000 for Ju
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!