DYI Construction Co is considering a new inventory system that will cost $750,000

The system is
expected to generate positive cash flows over the next four years in the amounts of $350,000 in year
one, $325,000 in year two, $150,000 in year three, and $180,000 in year four. DYI's required rate of
return is 8%. What is the payback period of this project
A) 2.50 years B) 4.00 years C) 2.91 years D) 3.09 years

A

Business

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Mega Co. issues June a cellphone. May Mega Co. intercept an email June sends to her brother on her cellphone using her company email account? June sent the email at midnight and it was about her breakup.

A. Yes, under the Electronic Communications Privacy Act. B. No, because she sent the email after work hours. C. Yes, because companies may intercept ALL employee communications (no state action)

Business

Auto insurance usually contains a deductible, while homeowners insurance rarely contains one

Indicate whether the statement is true or false

Business