Kippling Company invested in an 8-year project. It is expected that the annual cash flow from operations
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Kippling Company invested in an 8-year project. It is expected that the annual cash flow from operations for this project will be $20,000. lp7 Required:
Assuming that the internal rate of return for this project was computed by Kippling Company’s staff to be 12%, what is the initial net cash outlay?
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Related Book For 
Cost Accounting Concepts And Applications For Managerial Decision Making
ISBN: 9780070103108
2nd Edition
Authors: Ralph S. Polimeni, James A. Cashin, Frank J. Fabozzi, Arthur H. Adelberg
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