Question: Question 9 Not yet answered US Robotics is evaluating a new product line. The CFO asks for an estimate of number of years to recover
Question 9 Not yet answered US Robotics is evaluating a new product line. The CFO asks for an estimate of number of years to recover the initial investment, ignoring the time value of money. You realize that this is the payback period. The estimated cash flows from the new product line appear below. Answer in years, round to 2 places) Marked out of 10.00 P Flag question Year 0 cash flow = -79,000 Year 1 cash flow = -35,000 Year 2 cash flow = 30,000 Year 3 cash flow = 38,000 Year 4 cash flow 44,000 Year 5 cash flow = 28,000 Year 6 cash flow 44,000 Year 7 cash flow 22,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
