Question 33

Based on the information provided in Figure 5, in which year is the first profit made for this project? O Year 3 Year 2 Year 4 Year 1 Year O Not yet answered Clear my choice Previous page S Marked out of 1.00 O FIGURE 5: EXAMPLE OF A TIMELINE OF CASH FLOWS R-5 000 0 R3 000 1 R2 000 R1 000 2 Year end (Gitman et al, 2010) 3 R5 000 4

Besed on the information provided in Figure 5, in which year is the first profit made for this project? FIGURE 5: EXAMPLE OF A TIMELINE OF CASH FLOWS Year 3 Year 2 Year 4 Yeat 1 Yeat 0