Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. payback period is initial cash outlay = $-100. cas

Payback Period is Initial Cash Outlay = $-100. Cash Inflow Year 1 = +60. Cash Inflow Year 2...

Free

90.2K

Verified Solution

Question

Finance

Payback Period is
Initial Cash Outlay = $-100.
Cash Inflow Year 1 = +60.
Cash Inflow Year 2 = +9.
Cash Inflow Year 3 = +60.

1 year.

2.52 years.

3 years.

never.

Answer & Explanation Solved by verified expert
4.3 Ratings (929 Votes)

Calculation of payback period:
Time Amount Cumulative
                  -         (100.00)            (100.00)
             1.00            60.00              (40.00)
             2.00              9.00              (31.00)
             3.00            60.00                 29.00
Payback Period= 2+ 31/60
Payback Period= 2.52 years
Correct answer is 2.52years

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

Geometry
1.2K views

Degrees Radians Radians Degrees Directions Convert each measure to radians 17 30 18 20 5...

Basic Math
1.2K views

A water skier is pulled up the ramp shown at 26 ft s How fast...

Statistics
1.2K views

Note If GeoGebra doesn t show you the scatterplot copy your data close GeoGebra and...

Calculus
1.2K views

Question 24 8 3 36 O Points 0 of 1 Iro wants to adopt a...

Calculus
1.2K views

Question 9Solve for ? if -8 sin? + 6 = 4?2 + 6...

Calculus
1.2K views

Determine the volume of the largest rectangular box in the first octant with three faces...

Algebra
1.2K views

FI Graph the solution set of the inequality whe 1 x 1

Accounting
1.2K views

Required information [The following information applies to the questions displayed below.] Diego Company manufactures one...

Accounting
1.2K views

Cul es la relacin rpida (prueba cida) de la compaa? Posibles respuestas: 0.7, 1.2, 1.5,...

Accounting
1.2K views

Minden Company is a wholesale distributor of premium European chocolates. The company's balance sheet as...

Accounting
1.2K views

Vulcan Flyovers offers scenic overflights of Mount Saint Helens, the volcano in Washington State that...

Accounting
1.2K views

both employers and employees may contribute to defined contribution plans. However, the amount that employees...