Te company anticipates cash flows of 430386 512178 562255


Butterfly, Inc., has invested $2,165,800 on equipment. The firm uses payback period criteria of not accepting any project that takes more than four years to recover costs. The company anticipates cash flows of $430,386, $512,178, $562,255, $764,997, $816,500, and $825,375 over the next six years. What is the payback period?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Te company anticipates cash flows of 430386 512178 562255
Reference No:- TGS0599277

Expected delivery within 24 Hours