Discover new knowledge and insights with IDNLearn.com's extensive Q&A database. Discover the reliable solutions you need with help from our comprehensive and accurate Q&A platform.
Sagot :
Answer:
c: 2.0 years
Explanation:
The computation of the payback period is shown below:
Since initial investment is $14,000
And, if we add the first two cash inflows i.e.
= $8,000 + $6,000
= $14,000
So, it is equivalent to the initial investment made
So, this means the investment amount payback in 2 years
Therefore the option c is correct
We greatly appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. For clear and precise answers, choose IDNLearn.com. Thanks for stopping by, and come back soon for more valuable insights.