Payback Period Assignment | Homework For You |

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Payback Period Assignment | Homework For You |

Problem 12-9 Payback method [LO12-3] The Short-Line Railroad is considering a $165,000 investment in either of two companies. The cash flows are as follows:
Year 1 Electric Co. $ 90,000 50,000 25,000 20,000 Water Works $ 35,000 50,000 80,000 20,000 4 – 10
a. Compute the payback period for both companies. (Round your answers to 1 decimal place.) years Electric Co. Water Works years. Get Finance homework help today

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Payback Period Assignment | Homework For You |

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