Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a project requires an initial cash outflow of ro.3

A project requires an initial cash outflow of RO.35,000. The cash inflows for 6 years...

90.2K

Verified Solution

Question

Accounting

A project requires an initial cash outflow of RO.35,000. The cash inflows for 6 years are RO.6,000, RO.9,000, RO.11,000, RO.13,000, RO.8,000 and RO.4,000 respectively. Calculate the Payback period.

a.

None of the options

b.

4 Years and 8 Months

c.

5 Years and 1 Months

d.

3 Years and 8 Months

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

Do company owes employees anything in terms of continuedemployment, for example, as one of...

Accounting
1.2K views

The manager of a book store at City College purchases T-shirts from a vendor at a...

Geometry
1.2K views

B A C D Size Small Large Total 9 50 17 50 21 50 37...

Geometry
1.2K views

r fonksiyondur f 2 4 uguna f 4 14 g re f 10 de erini...

Basic Math
1.2K views

Write the set using roster notation. Do not include repeats. Use the ellipsis button, if...

Statistics
1.2K views

The 95 confidence interval for the population mean u is Round to two decimal places...

Calculus
1.2K views

A sine function has an amplitude of 2 period of 8 horizontal shift of and...

Algebra
1.2K views

Given the vector x x x1 0o 1 6 3 find

Accounting
1.2K views

Profit 240 15 $ 255 Total Less: Withdrawals by owner Tim Allin, capital, April...

Accounting
1.2K views

Wooden Tree (WT) is a wholesaler specializing in high-tech, state-of-the-art tables. Wooden Tree began operations...

Finance
1.2K views

Part3: Need help with the below-mentioned question: Use excel and show the formulas and steps.??...

Finance
1.2K views

Epiphany Industries is considering a new capital budgeting project that will last for three years....