Complete problem P12.4 The following workbook should assist you in completing the problem: ...
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Accounting
Complete problem P12.4
The following workbook should assist you in completing the problem:
please I need help with this assignment and I need Complete problem with excel please.
P12.4 Year Payback 1 Payback 2 Alternative 1 Alternative 2 0 ($70,000) ($70,000) 1 $8,400 $24,200 2 $11,600 $19,800 3 $17,000 $17,200 4 $23,000 $10,800 $24,000 $8,000 5 Rate 10% NPV Hint use =NPV formula closest to giving him a complete P12,4 A hotel manager wishes to choose between two alternative investments giving the following annual net cash inflows over a 5-year period: Year Alternative 1 Alternative 2 1 2 3 4 5 $ 8,400 11,600 17,000 23,000 24,000 $24,200 19,800 17,200 10,800 8.000 The amount of the investment under either alternative will be $70,000. a. Using the payback period method, in which year, under both alter- natives, will she have recovered the initial investment? b. Using NPV at 10%, would either alternative be a good investment
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