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Investment Appraisal

Quick questions on Payback period explained: H2 Principles of Accounting

5short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What are even cash flows?
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When inflows are equal each year, payback is a simple division:
What are uneven cash flows?
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When inflows vary, accumulate them year by year until the outlay is recovered, then interpolate within the final year:
What is q1?
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A project costs \90\,000andreturns and returns \3000030\,000 a year. Find the payback period. [2 marks]
What is q2?
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Inflows are \40\,000,, \5000050\,000, \60\,000;theoutlayis; the outlay is \120000120\,000. Find the payback period. [3 marks]
What is q3?
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State one strength and one weakness of the payback method. [2 marks]

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