A project requires an initial investment of $$ 1,000,000$ and then earns net cash inflows of $$
Question:
A project requires an initial investment of $\$ 1,000,000$ and then earns net cash inflows of $\$ 150,000$ per year for 7 years.
What is the project's payback period?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
CoursHeroTranscribedText: A 5-year loan in the amount of $48,000 is to be repaid in equal annual payments. What is the remaining principal balance after the third payment if the interest rate is 5...
-
Recently, there has been an alarming number of deaths based on challenges made popular on social media and the internet. These challenges and games give kids a sense of thrill without realizing the...
-
How is the KM system of NASA different from other KM systems that you have studied within the chapter? How is it similar?
-
After numerous campus interviews, Greg Thorpe, a senior at Great Northern College, received two office interview invitations from the Baltimore offices of two large firms. Both firms offered to cover...
-
A collection of observations of a variable y taken at regular intervals over time is called a time series. Economic data and electrical signals are examples of time series. We can think of a time...
-
The following project is at the end of its sixth week. Find the cost and schedule variances. Also find the CPI, SPI, ETC, and EAC for theproject. Pre- Duration BudgetActual (wks) Cost () Copete...
-
Its not like what youve done has really hurt anyone. At most, the missing money might cost earnings-pershare, maybe a penny. Is that what caused you to write those checks in the name of your company?
-
C.S. Lewis Company had the following transactions involving notes payable. July 1, 2012 Borrows $50,000 from Fourth National Bank by signing a 9-month, 12% note. Nov. 1, 2012 Borrows $60,000 from...
-
1. The capital market is a market prepared for trading stocks, securities. The capital market acts as a liaison between investors and companies or government institutions through long-term trading...
-
A business is considering a project which would last 5 years and have an initial investment of $\$ 40,000$ in machinery. At the end of the project the machinery would have a scrap value of $\$...
-
You are a Financial Manager employed by Pepper Studios ('Pepper'), a company that makes feature films. Pepper produces and distributes films globally, in partnership with external investors. You...
-
You are enrolling in an MBA program. To pay your tuition, you can either take out a standard student loan (so the interest payments are not tax deductible) with an EAR of 512% or you can use a...
-
If all state and local pension plans were terminated, with benefits based on past service protected but benefits based on future service replaced by defined contribution pension plans, how many...
-
Very Light Jets (VLJs) are one-pilot, two-engine jets that weigh 10,000 pounds or less and have only five or six passenger seats. Since they cost half as much as the most inexpensive business jets,...
-
Francisco has asked you to provide a memo explaining what risk management techniques you would use to control the property and liability risks you identified in Part I. Your memo should be 3-5 pages...
-
Identify the specific media types that you would utilize to advertise amazon that you identified. Additionally, justify your use of these specific media types and assign a percentage of your media...
-
Blue Mountain Distributors has a $40 million bond outstanding that carries a 12 percent coupon rate paid annually. Current bonds yield are 9.5 percent. The $40 million bond was issued 20 years ago...
-
The horizontal pipe shown in Fig. 14.45 has a cross-sectional area of 40.0 cm3 at the wider portions and 10.0 cm2 at the constriction. Water is Hawing in the pipe, and the discharge from the pipe is...
-
Nate prepares slides for his microscope. In 1 day he prepared 12 different slides. Which equation best represents y, the total number of slides Nate prepares in x days if he continues at this rate? A...
-
Why are nonfinancial measures alone insufficient for managing relationships with customers?
-
Provide several examples of the differences between high- and low-cost-to-serve customers.
-
Companies should avoid high cost-to-serve customers because they are unprofitable. Do you agree with this statement? Explain.
-
Required A Required B Required C On August 1, Lola Company's assets are $33,000 and its liabilities are $13,000. On August 4, Lola issues a sustainability report. On August 5, ownership invests...
-
What are the psychological dynamics underlying obedience to authority, as explored in Milgram's obedience experiments and related research, and how can insights from social psychology inform efforts...
-
Review | Constants | Periodic Table A 4.5 g latex balloon is filled with 2.6 g of helium. When filled, the balloon is a 31-cm-diameter sphere. When released, the balloon accelerates upward until it...
Study smarter with the SolutionInn App