how to I compute this
Posted: Sat May 07, 2022 8:16 pm
how to I compute this
Porter Company is analyzing two potential investments. Project X $ 75,900 Project $ 64,000 Initial investment Net cash flow: Year 1 Year 2 Year 3 Year 4 26,000 26,000 26,000 4,400 28,000 28,000 20,000 The payback period in years (rounded to 2 decimal places) for Project X is: Multiple Choice 200 3.92
Porter Company is analyzing two potential investments. Project X $ 75,900 Project $ 64,000 Initial investment Net cash flow: Year 1 Year 2 Year 3 Year 4 26,000 26,000 26,000 4,400 28,000 28,000 20,000 The payback period in years (rounded to 2 decimal places) for Project X is: Multiple Choice 200 3.92