Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. consider the following data on a proposed investme

Consider the following data on a proposed investment: -Investment required: R 160,000 -Annual cash...

60.1K

Verified Solution

Question

Accounting

Consider the following data on a proposed investment:

-Investment required: R 160,000

-Annual cash inflows: R 40,000

-Life of the investment: 6 years

-Salvage value: 0

Cost of capital: 10%

Based on the above data, what is the payback period of the proposed investment project?

a) 0.25 years

b) 3 years

c) 4 years

d) 5 years

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Find a polynomial f (x) of degree 5 that has the following zeros.-2, 4, 1,...

Calculus
Q

what successful marketing strategies a business must use for targeting new customers, improve its sales volume? and...

General Management
Q

Which of the following would be used to establish an electrochemical gradient STRUCTURE AND FUNCTION...

Biology
Q

10 The used water that flows into a water treatment facility is known as outfluent...

Biology
Q

9 A particle undergoing simple harmonic motion has time dependent displacement TI given by x...

Physics
Q

2. (8B) A bag contains 10 marbles. 3 of them are blue, 4 of them...

Geometry
Q

A government agency reported that in 2020 6 0 of people with a bachelor s...

Statistics
Q

You need a 70 alcohol solution On hand you have a 25 mL of a...

Algebra
Q

Question 2 2 pts If total assets increased by $51,000...

Accounting
Q

Use the following to answer questions 1-4: Tier Company uses a periodic inventory...

Accounting
Q

The Martin-Beck Company operates a plant in St. Louis with an annual capacity of 30,000...

Accounting
Q

PLEASE HELP ME COMPLETE THIS QUESTION Return on Invested Capital (ROIC) is a profitability ratio...

Finance