=+P101 Payback period Quick Profit Entity is considering a capital expenditure that requires an initial investment of
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=+P10–1 Payback period Quick Profit Entity is considering a capital expenditure that requires an initial investment of $84,000 and returns after-tax cash inflows of $7,000 per year for 20 years. The firm has a maximum acceptable payback period of 8 years.
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Principles Of Managerial Finance
ISBN: 9781292261515
15th Global Edition
Authors: Chad J. Zutter, Scott Smart
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