A proposed project is anticipated to cost $160,000 and is anticipated to generate net cash inflows of
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A proposed project is anticipated to cost $160,000 and is anticipated to generate net cash inflows of $31,000 per annum over the next 9 years. Assuming a firm's cost of capital is 10% per annum, what is the discounted payback period of this project?
Related Book For
Horngrens Accounting
ISBN: 978-0134674681
12th edition
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
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