Please answer question 2 in an essay format. Question 2 should be typed and written in an essay format, with the appropriate heading, an introduction, body, conclusion, and references. Be specific in answering the question and provide examples. This is an individual submission. The submission will be checked for plagiarism through SafeAssign software. You can only submit your assignment once. Please answer question 1 showing your calculations / formulas. Assignments submitted without calculations will receive a zero grade.
Skyview Clinic is evaluating a project that costs $52,125 and has expected net cash inflows of $12,000 per year for 8 years. The first inflow occurs one year after the cost outflow. What is the projects payback in years?
Describe sensitivity analysis, what are its strengths and weaknesses?