Homework Ch #24

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School

Temple University *

*We aren’t endorsed by this school

Course

5001

Subject

Finance

Date

Jan 9, 2024

Type

PNG

Pages

1

Uploaded by MateFogSardine33

Homework Ch #24 Submitted Year 1 Year 2 Year 3 Year 4 Year 5 16.66/16.66 Net cash flows $80,000 $50,000 $70,000 $250,000 $13,000 points awarded Beyer Company is considering buying an asset for $360,000. It is expected to produce the following net cash flows. Compute the payback period for this investment. (Cumulative net cash outflows must be entered with a minus sign. Round your Payback Period answer to 2 decimal places.) = e e eBook Initial investment $ (3600000 |$ (360,000) @ 5y Year 1 80,000 @ (280,000) @ Hint Year 2 50,000 @ (230,000 @ Year 3 70,000 @ (160,000) @ = Year 4 250,000 @ 90,000 @ o Year 5 13,000 @ 103,000 @ B Total $ 103,000 References Payback period = 364 @ ‘years
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