Northern specialties just purchased inventory-management

Assignment Help Financial Management

Reference no: EM131597754

Northern Specialties just purchased inventory-management computer software at a cost of $1,396,950. Cost savings from the investment over the next six years will produce the following cash flow stream: $224,340, $253,240, $302,600, $520,250, $781,320, and $692,740. What is the payback period on this investment? (Round answer to 2 decimal places,e.g. 15.25.)

Reference no: EM131597754

Questions Cloud

Earnings per share of rat race home security : what will be the resulting percentage change in earnings per share of Rat Race Home Security, Inc.

Annual deposit must he make to fund retirement account : How much money will Mr. Burns need at age 100 and how large of an annual deposit must he make to fund this retirement account?

Considering purchasing new jelly bean-making machine : Management of Franklin Mints, a confectioner, is considering purchasing a new jelly bean-making machine at a cost of $312,500.

After examining the various personal loan rates available : After examining the various personal loan rates available to you,

Northern specialties just purchased inventory-management : Northern Specialties just purchased inventory-management computer software at a cost of $1,396,950. What is the payback period on this investment?

Thinking about trading cars : Jesse Pinkman is thinking about trading cars. He estimates he will still have to borrow $20,000 to pay for his new car.

Secured bank loan-what should be the size of each repayment : What should be the size of each repayment if the loan is to be amortized at the end of the term?

What will be the resulting percentage change in ebt : What will be the resulting percentage change in EBT if they expect units sold to changes by 2.2 percent?

Makes no withdrawals during that period : assuming she makes no withdrawals during that period?

User Account

All Pages