Question 1Canada Golf Club (CGC) is considering three independent projects for July 2021 tournament. The three projects are project A, project B and project C.Given the following cash flow information Year Project A Project B Project C 0 (investment) -1000 -10000 -5000 1 600 4000 2000 2 300 3000 1000 3 200 2000 2000 4 100 2000 1000 5 500 4000 2000 Calculate the payback period for each. If CGC requires a 3-year payback before an investment can be made, which project(s) would be accepted?

Question 1 Canada Golf Club (CGC) is considering three independent projects for July 2021 tournament. The three projects are project A, project B and project C. Given the following cash flow...

Question 1

Canada Golf Club (CGC) is considering three independent projects for July 2021 tournament. The three projects are project A, project B and project C.

Given the following cash flow information

If CGC requires a 3-year payback before an investment can be made, which project(s) would be accepted?

Jun 06, 2022