A project manager is using the payback method to make the final decision on which project to undertake. The company has a 15% required rate of return and expects a 5% rate of inflation for the following five years
What is the discounted payback of a project that has cash flows as shown in the table?
Year Cash Flow
0 -$500,000
1 $50,000
2 $75,000
3 $150,000
4 $150,000
5 $750,000
A) 3.9 years
B) 4.3 years
C) 4.6 years
D) 4.1 years
B
You might also like to view...
Abdulla, Co. collected 6-months' rent in advance from a tenant on October 1 of the current year. When it collected the cash, it recorded the following entry: Oct. 01Cash ………………………………………..15,000Rent Revenue Earned ……………...15,000Assuming Abdulla only prepares adjustments at year-end, prepare the required adjusting entry at December 31 of the current year.
What will be an ideal response?
Communication through a telephone call is considered a part of a(n) ________ communication channel
A) online B) nonverbal C) personal D) nonpersonal E) unidirectional
Which of the following Supreme Court cases established that states can compel online retailers to collect and remit sales taxes even if they do not have a physical presence within the state?
A. South Dakota v. Wayfair B. Bilski et al. v. Kappos C. Quill v. North Dakota D. Alice Corporation v. CLS Bank International
An oral sales contract of any amount is enforceable under the Convention on Contracts for the International Sale of Goods (CISG)
Indicate whether the statement is true or false