The initial investment of a project is OMR 350,000 and its cash inflows are OMR 225,000 per year. In this case, the payback period of the project is: a. 0.642 years b. 1.55 years c. None of these d. 4 years
The initial investment of a project is OMR 350,000 and its cash inflows are OMR 225,000 per year. In this case, the payback period of the project is: a. 0.642 years b. 1.55 years c. None of these d. 4 years
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter12: Capital Budgeting: Decision Criteria
Section: Chapter Questions
Problem 1P: A project has an initial cost of 40,000, expected net cash inflows of 9,000 per year for 7 years,...
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