A project has estimated annual net cash flows of $ 135,800. It is estimated to cost $

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A project has estimated annual net cash flows of $ 135,800. It is estimated to cost $ 787,640. Determine the cash payback period. Round to one decimal place

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Financial and Managerial Accounting

ISBN: 978-1285078571

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Question Posted: Jun 24, 2015 08:02 AM

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A project has estimated annual net cash flows of $ 135,800. It is estimated to cost $

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Payback period is the time in which the initial investment of cash ...View the full answer

Financial and Managerial Accounting

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