Mathematics, 22.05.2021 22:10 nawafcanada
Bronco, Inc., imposes a payback cutoff of three years for its international investment projects.
Year Cash Flow (A) Cash Flow (B)
0 –$ 61,000 –$ 71,000
1 23,500 15,500
2 29,000 18,500
3 21,500 27,000
4 8,500 231,000
What is the payback period for both projects?
Answers: 1
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Bronco, Inc., imposes a payback cutoff of three years for its international investment projects.
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