Question
A company is considering the purchase of a new piece of equipment for $72,000. Predicted annual cash inflows from this investment are $28,800 (year 1);
A company is considering the purchase of a new piece of equipment for $72,000. Predicted annual cash inflows from this investment are $28,800 (year 1); $24,000 (year 2); $14,400 (year 3); $8,400 (year 4); and $4,200 (year 5). The payback period is:
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Business Of Sport Management
Authors: John Beech, Simon Chadwick
2nd Edition
027372133X, 9780273721338
