Determine the simple payback period of a ₱20,000 with return of 5,000 on year 1; 8,000 on year 2 and 6,000 on the 3 more succeeding years.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 15EA: Project A costs $5,000 and will generate annual after-tax net cash inflows of $1,800 for five years....
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Determine the simple payback period of a ₱20,000 with return of 5,000 on year 1; 8,000 on year 2 and 6,000 on the 3 more succeeding years. 

 

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