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solina solina
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6 years ago
Black Friday Inc. has estimated the following cash flows for a project it is considering:

Period   Cash Flow
0   ($150,000)
1   $70,000
2   $80,000
3   ($100,0000)

a. What is the payback period for this project?
b. What is the obvious problem with using the payback method in this case?
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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LutionalLutional
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6 years ago
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solina Author
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#2
6 years ago
Thanks for helping me with my business management course
Heavy Heart Thank you bio-forums! Heavy Heart
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