This topic contains a solution. Click here to go to the answer

Author Question: The payback method of capital budgeting approach to an investment decision ________. (Read 71 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588

Question 1

The net initial investment for a piece of construction equipment is $2,900,000. Annual cash inflows are expected to increase by $500,000 per year. The equipment has an 10-year useful life. What is the payback period?
◦ 10.00 years
◦ 7.40 years
◦ 5.80 years
◦ 4.80 years

Question 2

The payback method of capital budgeting approach to an investment decision ________.
◦ considers cash flows over the life of the investment
◦ assumes that cash flows occur uniformly throughout the year
◦ considers time value of money
◦ ignores the initial investment


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Chloeellawright on Mar 6, 2021

jaykayy05

  • Sr. Member
  • ****
  • Posts: 329
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




Chloeellawright

  • Member
  • Posts: 588
Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it


amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

For a complete list of videos, visit our video library