User Account

All Pages

What is the payback period-creighton inc

Assignment Help Finance Basics
Reference no: EM132596684

Creighton, Inc. has invested $2 million 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 $250,000, $350,000, $450,000, $550,000, $750,000, and $850,000 over the next six years. What is the payback period, and does this investment meet the firm's payback criteria? (Round your answer to two decimal places.)

Reference no: EM132596684

Questions Cloud

Calculate the yield to maturity on the bond : Calculate the yield to maturity on the bond assuming annual interest payments.
Calculate the price of the bond assuming that the bond : If the yield to maturity on the bond is 10 percent, calculate the price of the bond assuming that the bond makes semiannual coupon payments.
Calculate the price of the bond : A three-year bond with 10 percent coupon rate and $1,000 face value yields 8 percent. Assuming annual coupon payments, calculate the price of the bond.
What is the internal rate of return on project : Quick Sale Real Estate Company is planning to invest in a new development. The cost of the project will be $23 million and is expected
What is the payback period-creighton inc : Creighton, Inc. has invested $2 million on equipment. The firm uses payback period criteria of not accepting any project that takes
Calculate the approximate dividend payout ratio : Today's quotation for a company has the following values:Div: $1.12PE: 18.3Close: $37.22
Cost of common stock-whitewall tire co : Cost of common stock: Whitewall Tire Co. just paid a $2.00 dividend on its common shares. Whitewall is expected to increase its annual dividend
Find the depreciation charge year : Talia's Tutus bought a new sewing machine for $80,000 that will be depreciated over 5 years using double-declining-balance depreciation with a switch to straigh
Corporation approximate market capitalization : Also, assume the P/E ratio is about 18.3. Calculate the corporation's approximate market capitalization.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd