Oriental Corporation has gathered the following data on a proposed investment project: Investment in depreciable equipment $ 650,000 Annual net cash flows $ 66,000 Life of the equipment 20 years Salvage value $ 0 Discount rate 7 % The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment.
The payback period for the investment would be:
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Oriental Corporation has gathered the following data on a proposed investment project: Investment in depreciable equipment $ 650,000 Annual ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Who files one of the 1040 series of tax forms? A. Self employed people B. Corporations C. People who are unemployed D. Individuals who are not self-employed
Answers (2)
Private property ownership and some government regulation of the economy are basic characteristics of which economic system?
Answers (1)
Which of the following statements about enzymes is true a. they are carbohydrates b. they are stable at high temperatures c. they are biological catalysts d. they are not reuseable e. they are required in large amounts in order to be effective?
Answers (1)
The more management relies on formal, collective, sequential, fixed, and serial socialization programs and emphasize divestiture, the more likely newcomers' differences will be stripped away and replaced by standardized predictable behaviors. 1.
Answers (1)
Dr. Patton is a professor of English. Recently she counted the number of misspelled words in a group of student essays.
Answers (1)
New Questions in Business
Short term goal can be defined as: A.) a goal that can be accomplished right away B.) a goal that challenges the Brian C.) a goal that can be completed within one year D.) an important task that can be put off until later
Answers (2)
What does "monetary policy" mean? A. Federal Reserve policies on creating new banks B. political policies pursued by the federal government C. actions the Federal Reserve takes to influence the economy D.
Answers (1)
What is the meaning of market in economics
Answers (1)
If you were a police officer, at night during your shift, you confront a suspicious man walking in an elite neighborhood. You stop to question the man, but he refuses even to give you his name.
Answers (1)
The account "Warranty Liability": is adjusted at the end of the year. is credited each time a warranty repair is made. has a year-end credit balance equal to the cost of warranty repairs made during the year. is closed at the end of the year.
Answers (1)