Business, 15.07.2021 19:30 fazegaze89
Please answer the following questions.
Porter Co. is analyzing two projects for the future. Assume that only one project can be selected.
Project X Project Y
Cost of machine $68,000 $60,000
Net cash flow:
Year 1 24,000 4,000
Year 2 24,000 26,000
Year 3 24,000 26,000
Year 4 0 20,000
The payback period in years for Project X is:
a. 2.00.
b. 3.83.
c. 3.50.
d. 2.83.
e. 4.00.
Answers: 2
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