What is the payback period for the following set of cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Year 0 1 2 Cash Flow -$4,600 1,225 1,425 1,825 1.325

What is the payback period for the following set of cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Year 0 1 2 Cash Flow -$4,600 1,225 1,425 1,825 1.325

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter23: Statement Of Cash Flows

Section: Chapter Questions

Problem 13RQ

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Question

Subject :- Accounting

What is the payback period for the following set of cash flows? (Do not round
intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Year
0
1
234
Cash Flow
-$4,600
1,225
1,425
1,825
1.325

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