Poder Inc. is considering a project that has the following cash flow data. What is the project's payback? Year Cash flows O a. 2.12 years O b. 2.36 years O c. 2.59 years Od. 2.85 years Oe. 1.91 years 0 -$750 1 $300 2 $325 3 $350

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter26: Capital Investment Analysis
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Poder Inc. is considering a project that has the following cash flow data. What is the project's payback?
Year
Cash flows
Oa.2.12 years
Ob. 2.36 years
O c. 2.59 years
O d. 2.85 years
Oe. 1.91 years
0
-$750
1
$300
2
$325
3
$350
Transcribed Image Text:Poder Inc. is considering a project that has the following cash flow data. What is the project's payback? Year Cash flows Oa.2.12 years Ob. 2.36 years O c. 2.59 years O d. 2.85 years Oe. 1.91 years 0 -$750 1 $300 2 $325 3 $350
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