Top Posters
Since Sunday
j
3
s
3
j
2
J
2
e
2
n
2
t
2
d
2
b
2
t
2
J
2
b
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
krishna2018 krishna2018
wrote...
Go to Answer
Posts: 288
Rep: 0 0
6 years ago
Griffith Vehicle has received three proposals for its new vehicle-painting machine. Information on each proposal is as follows:

Proposal XProposal YProposal Z
Initial investment in equipment$240,000$150,000$190,000
Working capital needed0010,000
Annual cash saved by operations:
   Year 180,00050,00080,000
   Year 280,00042,000           80,000
   Year 380,00046,00080,000
   Year 480,00024,00080,000
Salvage value end of year:
   Year 1100,00080,00060,000
   Year 280,00060,00050,000
   Year 340,00040,00030,000
   Year 410,00020,00015,000
Working capital returned0010,000
 
Required:
Determine each proposal's payback.
Read 88 times
2 Replies
Replies
Answer verified by a subject expert
Rule612069Rule612069
wrote...
#1
Posts: 198
Rep: 28 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

krishna2018 Author
wrote...
#2
6 years ago
Just confirmed the same answer from my friend, thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  789 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 335
  
 1706
  
 324
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 484
Previous poll results: Which of the following is the best resource to supplement your studies: