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26. (3 points) Year Costs Benefits 0 $40,000 1-2 $10,000 /yr 3 50 $50,000 4-10 50 $10,000 /yr What is the payback period for this
26. (3 points)
| Year | Costs | Benefits |
| 0 | $40,000 | |
| 1-2 | $10,000 | /yr |
| 3 | 50 | $50,000 |
| 4-10 | 50 | $10,000 /yr |
What is the payback period for this project?
What is a major weakness of payback period analysis?
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
978-0470534793
