A machine costing P8,350 yields total cash flows of P.13,100 over 5 years. The following pertains to the annual cash flows using the machine:  Year Net Cash inflows 1 P1,750 2 2,250 3 2,850 4 3,000 5 3,250 Compute for the company's payback reciprocal.

Intermediate Financial Management (MindTap Course List)
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Author:Eugene F. Brigham, Phillip R. Daves
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Chapter21: Supply Chains And Working Capital Management
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A machine costing P8,350 yields total cash flows of P.13,100 over 5 years. The following pertains to the annual cash flows using the machine: 

Year Net Cash inflows
1 P1,750
2 2,250
3 2,850
4 3,000
5 3,250

Compute for the company's payback reciprocal. 

 
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