A project has estimated annual net cash flows of $118,600. It is estimated to cost $616,720. Determine

Question:

A project has estimated annual net cash flows of $118,600. It is estimated to cost $616,720. Determine the cash payback period. Round to one decimal place.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting

ISBN: 978-1285743615

26th edition

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

Question Posted: