Amp inc has invested 2165800 on equipment the firm uses


AMP, 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 $445,386, $512,178, $564,255, $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!!
Operation Management: Amp inc has invested 2165800 on equipment the firm uses
Reference No:- TGS01264657

Expected delivery within 24 Hours