elmer sporting goods is getting ready to produce a new line of golf clubs by investing $1.85 million. the investment will result in additional cash flows of $525,000, $812,500, and 1,200,000 over the next three years. what is the payback period for this project? (round your answer to two decimal places.)

Question

08-12-2022
Business

contestada

elmer sporting goods is getting ready to produce a new line of golf clubs by investing $1.85 million. the investment will result in additional cash flows of $525,000, $812,500, and 1,200,000 over the next three years. what is the payback period for this project? (round your answer to two decimal places.)

Respuesta :

Otras preguntas

Consider a cross between a man with an X-linked recessive disorder and a woman that's a carrier for the disorder. Approximately what percent of their children a

Match the inequality with its line graph. A) 2 x > -6 B) 6 + x ≤ 3 C) x - 4 < -7 D) - x - 5 ≤ -2

Nickel can be plated from aqueous solution according to the following half reaction. How long would it take (in min) to plate 29.6 g of nickel at 4.7 A? Ni2+(a

10. To get from point A to point B you must avoid walking through a pond. To avoid the pond, you must walk 34 meters south and 41 meters east. To the nearest me

The heat flux through a 1-mm thick layer of skin is 1.05 x 104 W/m2. The temperature at the inside surface is 37°C and the temperature at the outside surface is

Two samples of the same gas are labeled sample A and sample B. Sample A has a volume of 200 mL and a temperature of 50°C. Sample B has a volume of 500 mL and a

Please help me how to solve these questions correct choose answer.

Somebody help me plzzzz

A plant asset with a five-year estimated useful life and no residual value is sold at the end of the second year of its useful life. Using the sum-of-the-years'

The dry, treeless region that lies between the Mississippi River and the Rocky Mountains is called the: Central Valley fall line Great Plains piedmont

sapanpandit sapanpandit · Answer 1 · 2022-12-10T14:26:07+01:00

Elmer sporting goods project will payback period itself off in 2.43 years.

Elmer Sporting Goods has committed $1.85 million toward the production of a new line of golf clubs. Over the following three years, the investment will generate additional cash flows of $525,000, $812,500, and 1,200,000.

The payback period is the length of time needed for the investment to yield a profit. The investment cost left over for the first year is $1,850,000 less $525,000, which equals $1,325,000. The remaining investment cost for the second year is $512,500 ($1,325,000 - $812,500). The payback in the third year is 0.427, 2.43 years is the entire payback period.

To learn more about payback refer here:

https://brainly.com/question/13978071

#SPJ4