The payback period in years Pounded to 2 decimal places for Project is

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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12
W
Porter Company is analyzing two potential investments
Project X
$100,500
Initial investment
set cash flow
Year 1
5,900
Year 2
35,500
Year 3
35,500
Year 4
20,000
The payback period in years pounded to 2 decimal places for Project is
Mr Choice
O
O
O
100
4.00
336
400
435
Project Y
$ 79,000
33,500
33,500
33.500
Transcribed Image Text:12 W Porter Company is analyzing two potential investments Project X $100,500 Initial investment set cash flow Year 1 5,900 Year 2 35,500 Year 3 35,500 Year 4 20,000 The payback period in years pounded to 2 decimal places for Project is Mr Choice O O O 100 4.00 336 400 435 Project Y $ 79,000 33,500 33,500 33.500
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