The cash inflows and (outflows) associated with a project are as follows: At start
(120000) , Year1-40000, Year2-50000, Year3-60000, Residual Value(at the end of 3rd
year)-20000. The payback period for this project would be:
A 2 years and 3 months.
B 2 years and 6 months.
C 3 years.
D 2 years.
(120000) , Year1-40000, Year2-50000, Year3-60000, Residual Value(at the end of 3rd
year)-20000. The payback period for this project would be:
A 2 years and 3 months.
B 2 years and 6 months.
C 3 years.
D 2 years.