Question
9. Marigold Inc. is contemplating a capital investment of $68000. The cash flows over the project's four years are: Expected Annual Expected Annual Year Cash
9. Marigold Inc. is contemplating a capital investment of $68000. The cash flows over the project's four years are:
Expected Annual Expected Annual
Year Cash Inflows Cash Outflows
1 $32000 $10000
2 38000 16000
3 40000 20000
4 30000 22000
The cash payback period is
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Accounting Information Systems
Authors: Marshall RomneyPaul Steinbart
11th Edition
136015182, 978-0136015185
