Kenny Company is considering the possibility of investing R1,400,000 in a special project. This venture will return R275
Posted: Sun May 08, 2022 10:27 am
Kenny Company is considering the possibility of investing R1,400,000 in a special project. This venture will return R275,000 per year for 12 years in after- tax free cash flows. Depreciation on the project will be R187,500 per year using straight-line depreciation. What is the nominal (not discounted) payback period for the project? 5.1 years 4 years 12 years 2.7 years