Question: Vulcan Materials is considering a new inventory system that will cost $1,125,000. The system is expected to generate positive cash flows over the next four

Vulcan Materials is considering a new inventory system that will cost $1,125,000. The system is expected to generate positive cash flows over the next four years in the amounts of $550,000 in year one, $450,000 in year to, $275,000 in year three, and $350,000 in year for. Vulcan materials' required rate of return is 10%. What is the payback period of this project?
Vulcan Materials is considering a new inventory system that will cost $1,125,000.

Vulcan Materials is considering a new inventory system that will cost $1,125,000. The system is expected to generate positive cash flows over the next four years in the amounts of $550,000 in year one. $450.000 in year two, $275,000 in year three, and $350,000 in year four. Vulcan Materials' required rate of return is 10%. What is the payback period of this project? 3.10 years 2.45 years 2.00 years 2.75 years

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