An uncovered cost at the start of the year is $300, full cash flow during recovery year is $650 and prior years to full recovery is 4 then payback would be _________?

Academy of PakistanTest & Learning

804Active Users

Academy of PakistanTest & Learning

804Active Users

246FinanceMedium

A2.46 years

B3.46 years

C5.46 years

D4.46 years

Correct answer

D. 4.46 years

Explanation

4.46 years is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

An uncovered cost at the start of the year is $300, full cash flow during recovery year is $650 and prior years to full recovery is 4 then payback would be _________? - Answer and Explanation | Academy of Pakistan