Nano Specialist is considering an upgrade project. The estimated cash flows from the upgrade project...
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Nano Specialist is considering an upgrade project. The estimated cash flows from the upgrade project appear below. What is the project's payback period? Note that year and year 1 cash flows are negative. (Answer in years, round to 2 places) Year 0 cash flow = -89,000 Year 1 cash flow = -45,000 Year 2 cash flow = 16,000 Year 3 cash flow = 28,000 Year 4 cash flow = 27,000 Year 5 cash flow = 29,000 Year 6 cash flow = 24,000 Year 7 cash flow = 32,000
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