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6 6. Initial investment = ($800,000) Cash flow in year 1 = $250,000 Cash flow in year 2 = $365,000 Cash flow in year 3
6 
6. Initial investment = ($800,000) Cash flow in year 1 = $250,000 Cash flow in year 2 = $365,000 Cash flow in year 3 = $555,000 Calculate the payback period (to 2 decimal places) Step by Step Solution
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Accounting In A Nutshell Accounting For The Non-specialist
Authors: Walker, Janet
3rd Edition
075068738X, 9780750687386
