46.7 What is the payback period on the following project cash flows? (Brackets indicate expenditure.) Year Net
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46.7 What is the payback period on the following project cash flows? (Brackets indicate expenditure.)
Year Net cash flows
£
0 (15,000)
1 10,000 2 6,000 3 3,000 4 1,000
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Related Book For 
Frank Woods Business Accounting Volume 2
ISBN: 9780273712138
11th Edition
Authors: Frank Wood, Alan Sangster
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