payback period method


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payback period method 1 answer below ยป Seattle, Inc., is contemplating a project that costs $180,000. Expectations are that annual cash revenues will be $70,000 and annual expenses (including
depreciation) will total $30,000. The project has a six-year useful life and a residual value of $30,000. Assume Seattle Inc. uses straight line method of
depreciation. The project’s payback period is a. 2.31 years. b. 2.77 years. c. 2.57 years. d. 2.14 years. Dec 10 2013 06:03 AM

Answer

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