Question: What is the payback for a project that has anticipated cash inflows of $10,000 for 5 years and a cost of $22,000? I need help

What is the payback for a project that has anticipated cash inflows of $10,000 for 5 years and a cost of $22,000? I need help with the formula and how it should be approached.

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!

Anyone cans help me with my task Practice 1: Capital Budgeting 1. Flora Berhad is in the process of choosing one of the two equal-risk, mutually exclusive capital expenditure projects. The firm's...

1. Tokyo Rubber Corporation is considering two mutually exclusive projects for their future investment. The initial cost outlay associate with Dry Prepreg is RM100,000 and Solvent Prepreg is...

1. If you deposit K8, 700 at the beginning of the year in a bank and receive K10, 200 at the end of the year, how much is the interest rate? [2 marks] 2. Excellence Business Centre Plc is trying to...

Question 5 Coconut Products Corporation ( CPC ) a small manufacturer of coconut by - products in ST . Vincent and the Grenadines has asked you to help decide whether it should invest 1 a new 3 - year...

Calculate NPV and advise about investment decision A small scale mining firm, Gold dust Ltd, wants to take a closer look at their financial position. They want to invest in a project to improve their...

Able Development is currently considering a project that will produce cash inflows of 40 000 a year for 10 years The cost of the project is 200 000 What is the profitability index if the discount...

Sign MBL5903-2017-10-E-1 PAST EXA X + File C:/Users/daisy/Desktop/MBL5903/MBL5903-2017-10-E-1%20PAST%20E... Question 1 [14 marts) You plan to Invest in the Kish Hedge Fund, which has total capital of...

need it exacly how the help me solve it is done Splash City is considering purchasing a waterpark in Atlanta, Georgia. for $1850,000. The new facility wil generate annual no cash inflows of 5472.000...

Splash Country is considering purchasing a water park in Atlanta, Georgia, for $1,800,000. The new facility will generate annual net cash inflows of $457,000 for eight years. Engineers estimate that...

3 Water World is considering purchasing a water park in Atlanta, Georgia, for $1,820,000. The new facility will generate annual not cash inflows of $472,000 for eight years. Engineers estimate that...

Refer to the previous exercise. The output shows some results of using software to analyze the data with a significance test. Paired T for BeforeAfter T-Test of mean difference = 0 (vs not = 0):...

What was the assessment of the System Process Audit Team? How was it relevant with respect to control over financial at Satyam? How should the auditor have responded? 2. What type of fraud scheme was...

dy / dx = - x / y , y ( 4 ) = 3

Westerly Industries has the following financial information. What is its cash conversion cycle ? Sales ........100,000 Cost of Goods Sold 80,000 Accounts Receivable ..30,000 Inventory ......15,000...

Land City leases a fleet of garbage trucks. The term of the lease is 10 years, approximately the useful life of the equipment. Based on a sales price of $800,000 and an interest rate of 6%, the city...

What business and technical skills are critical for today's business intelligence/analytics and information management professionals? As part of Information-Week's 2012 U.S. IT Salary Survey,...

A population starts at size 100, and receives 10 immigrants in the first year, loses 12 emigrants in the second year, receives 10 immigrants in the third year, and so forth. In each of the above...

What business and technical skills are critical for today's business intelligence/analytics and information management professionals? As part of InformationWeek's 2014 U.S. IT Salary Survey, business...

Create a 200 word summary on the Juvenile Justice System than and today. Describe The Juvenile system and provide a generalizable definition. Highlight the issues in the Juvenile system and why this...

Why is operations management important to business organizations?

Do you think that manufacturing or service organizations have greater need of operations management? Explain.

What types of organizational benefits does value chain management provide? What obstacles stand in the way of successful value chain management?