Ask Question
29 March, 22:01

Garner Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3Cash flows - $350 $200 $200 $200a. 1.42 yearsb. 1.58 yearsc. 1.75 yearsd. 1.93 yearse. 2.12 years

+3
Answers (1)
  1. 30 March, 00:51
    0
    C. 1.75 years.

    Explanation:

    The payback period is the amount of time required for cash inflows generated by a project to offset its initial cash outflow.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Garner Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3Cash flows - $350 ...” 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