Determine the payback period for a project, Financial Accounting

GoFlo is a small growing firm that is considering the purchase of another truck to serve GoFlo's expanding customer base. The new truck will cost $21,000 and should generate annual net cash flows of $6,000 over the truck's 5-year life. What is the payback period for this project?

Posted Date: 3/28/2013 2:55:54 AM | Location : United States

Related Discussions:- Determine the payback period for a project, Assignment Help, Ask Question on Determine the payback period for a project, Get Answer, Expert's Help, Determine the payback period for a project Discussions

Write discussion on Determine the payback period for a project
Your posts are moderated
Related Questions
THE SURPLUS CAPITAL METHOD Under this method, the initial amounts repaid to partners are in order to reduce their capitals to amounts such that these are now in the same ratio

Interest Rate on a one Payment Your parents will retire in 17 years. They presently have $270,000, and they think they will require $1 million at retirement. What annual intere

Suppose Real Option Inc. has a product that generates the following cash flow. At t=1, the demand can be high or low with equal probability. If demand is high (low) the cash flo

Greek Debt Exchange On the evening of February 20, 2012 private institutional investors, representatives of the IMF, ECB, and European governments agreed to a major "intervention"

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4

What have been the dividends per share? What is the CAGR of dividends per share from 2008 to 2010? What was the retention ratio for 2008 to 2010? Calculate the DPS growth

Most firms build and keep inventories in the course of doing business. Manufacturing firms hold raw material, finished goods and spares and work in process in inventories. Financia

A company does not need to record the receipt of a bill for utilities used during this year if they will not pay for it until next year. True or False

what is a maximum leverage ratio covenant designed to control

Describe the following questions:- Q.1 Explain how financial statements assist in the capital allocation process. How are financial statements limited? Which financial statement