Chapter 26 Homework (Application) eBook Ce Payback Perrod for a Service Company Jane's Clothing Inc. is evaluating two capital investment proposals for a retail outlet, each requiring an investment of $200,000 and sach with an eight-year life and expected total net cash flows of $320,000 Location is expected to provide equal annual nat cash flows of $40,000, and Location 2 is expected to have the following unequal annual net cash fo Year 1 Year 2 Tear 3 Year $75,000 58,000 38,000 25,000 Year S 2,000 Year 6 34,000 Year 7 24,000 Year B 20,000 Determine the cash payback period for both location proposals Location Location 2 years Check My Work more Check My Works remaining Previous Next