Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. van company is considering a long term investment

Van company is considering a long term investment project called ZIP.ZIP will require an investment...

90.2K

Verified Solution

Question

Accounting

Van company is considering a long term investment project called ZIP.ZIP will require an investment of $138,335. It will have a useful life of four years and no salvage value. Anual cash inflows would increase by $79,900 and anual cash outflows would increase by $42,000.

Calculate the cash payback period.

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

Finance
1.2K views

What is the purpose of a decommissioning fund (“sinking” fund)? And, why does a lump sum...

Mechanical Engineering
1.2K views

Your task is to take the below code, and insert comments (using the “%” symbol) next...

Advance Math
1.2K views

Given a quadric surface in the xyz-space with equation ax2 + by2 + cz2 = d,...

Physics
1.2K views

The rest energy of an electron is 0 511 MeV The electron is accelerated from...

Basic Math
1.2K views

From the top of a building, the angle of depression to a car parked on...

Calculus
1.2K views

Use a graphing calculator to evaluate A A 3 4 3 8 1 3 4...

Accounting
1.2K views

PLEASE INCLUDE ALL CALCULATIONS AND SHOW STEPS An aging analysis of Ayala Ltd's...

Accounting
1.2K views

EESEEEEEEEEEEEEEEEEE 1) TRUE/False a) The income tax rates are the same for capital gains and...

Accounting
1.2K views

The correct answer is formatted as a 4 number fasb codification. ...

Accounting
1.2K views

Packaging Solutions Corporation manufactures and sells a wide variety of packaging products Performance reports are...

Accounting
1.2K views

ley Hopp, Incorporated, manufactures custom-ordered commemorative beer steins. Its standard cost information ley Hopp...

Accounting
1.2K views

A business operated at 100% of capacity during its first month, with the following results:...