Question: Please be descriptive and show all work step-by-step. Payback A project has an initial cost of $45,000, expected net cash inflows of $12,000 per year

Please be descriptive and show all work step-by-step.

Please be descriptive and show all work step-by-step. Payback A project has

Payback A project has an initial cost of $45,000, expected net cash inflows of $12,000 per year for 7 years, and a cost of capital of 13%. What is the project's payback period? Round your answer to two decimal places. years

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Please be descriptive and show all work step-by-step. NPV A project has an initial cost of $40,000, expected net cash inflows of $8,000 per year for 9 years, and a cost of capital of 12%. What is the...

Please be descriptive and show all work step-by-step. MIRR A project has an initial cost of $55,000, expected net cash inflows of $15,000 per year for 10 years, and a cost of capital of 13%. What is...

Submit Assignment for Grading ns Woblem 12-06 (Discounted Payback) Question 6 of 11 Check My Work eBook Discounted Payback A project has an initial cost of $60,000, expected net cash inflows of...

Problem 12-01 AFN equation Broussard Skateboard's sales are expected to increase by 20% from $8.4 million in 2016 to $10.08 million in 2017. Its assets totaled $3 million at the end of 2016....

Problem 12-02 AFN equation Broussard Skateboard's sales are expected to increase by 20% from $8.8 million in 2016 to $10.56 million in 2017. Its assets totaled $4 million at the end of 2016....

Check My Work (No more tries available) ELE eBook Payback A project has an initial cost of $65,000, expected net cash inflows of $11,000 per year for 8 years, and a cost of capital of 13%. What is...

12-7: Payback Period Problem 12-5 Payback A project has an initial cost of $45,125, expected net cash inflows of $14,000 per year for 8 years, and a cost of capital of 12%, what is the project's...

Problem Set 2 X Back to Assignment Attempts Keep the Highest / 1 9. Problem 10-05 (Payback) eBook Payback A project has an initial cost of $40,000, expected net cash inflows of $13,000 per year for 7...

0-1 NPV (please provide answers in excel sheet with the formula) A project has an initial cost of $40,000, expected net cash inflows of $9,000 per year for 7 years, and a cost of capital of 11%. What...

Problem 10-6 Discounted Payback A project has an initial cost of $60,000, expected net cash inflows of $14,000 per year for 7 years, and a cost of capital of 13%. What is the project's discounted...

Let f, g, h, k: NN where f(n) = 3n, g(n) = [n/3], h(n) = [(n + 1)/3], and k(n) = (n + 2)/3], for each n N. (a) For each n N what are (g o f)(h o f) and {k o f){n?)l (b) Do the results in part (a)...

Currently, you can exchange 100 for $112.55. The inflation rate in Europe is expected to be 1.4 percent. In one year, it is expected that 100 can be exchanged for $113.50. Assume relative purchasing...

Diplomatic Security Service provides Airport Transportation and Surveillanc Time left Foreign Diplomats in Guyana. The company has two support departments - Information Systems and Equipment...

JIT and TQM are part of _ _ _ _ _ _ certification. ISO 9 0 0 0 ANSI 9 0 0 0 SAI 9 0 0 0 ASQ 9 0 0 0

Assess HRM policies and practices designed to manage international employees in the context of an institution of higher education in a developing country.

If you were a management consultant, what do you think needs to be done differently in relation to hiring, development, and evaluation of academics at Zenon? (i) Provide a specific plan of action and...

Analyze and connect national culture with HRM in an international setting.