Question: please solve as soon as possible Problem 13.30A - (Part Level Submission) MCA Corporation is reviewing an investment proposal. The schedule below preuts the cost
Problem 13.30A - (Part Level Submission) MCA Corporation is reviewing an investment proposal. The schedule below preuts the cost and most the book with the end of the beach and the net income for each year. All cash flows are assumed to take place at the end of the year. The westment's salvage voor wt the end of each other value at the end of the investment's we Investment Proposal Initial Cost and Book Year Value Anal Cash Flows Annual Net Income $105,200 1 70,400 550,200 514100 2 41,500 44,600 10,700 3 21,000 39,500 18,300 4 8.500 34,600 71,500 0 29,400 22,300 MCA Corporation uses a 15% target rate of return for new investment proposals What is the cash payback period for this proposal? (Hound answer to decimales 12.52.) Cash payback period years
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
