Ask Question
8 August, 13:52

Worthington Inc. is considering a project that has the following cash flow data. What is the project's payback period?

Year 0 1 2 3

Cash flows - $500 $150 $200 $300

+4
Answers (1)
  1. 8 August, 16:48
    0
    The project's payback period is 2.5 years.

    Explanation:

    year cash flow comulative cash flow

    0 - 500 - 500

    1 150 - 350

    2 200 - 150

    3 300

    payback period = 2 years + 150-300

    = 2.5 years

    Therefore, The project's payback period is 2.5 years.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Worthington Inc. is considering a project that has the following cash flow data. What is the project's payback period? Year 0 1 2 3 Cash ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers