Resnick Inc. is considering a project that has the following cash flow data. What is the project's payback?
A) 1.42 years
B) 1.58 years
C) 1.75 years
D) 1.93 years

Question

Resnick Inc. is considering a project that has the following cash flow data. What is the project's payback? 
A) 1.42 years 
B) 1.58 years 
C) 1.75 years 
D) 1.93 years

Quizplus · Accepted Answer

The Answer of Resnick Inc. is considering a project that has the following cash flow data. What is the project's payback? 
A) 1.42 years 
B) 1.58 years 
C) 1.75 years 
D) 1.93 years