Question
A new machine will provide the following net annual cash inflows. If the cost of the machine is $12,000, what is the payback period? What
A new machine will provide the following net annual cash inflows. If the cost of the machine is $12,000, what is the payback period? What is the discounted payback period if the discount rate is 10%?
Year Cash Inflow
1 $ 1,345
2. 2,605
3 4,509
4 5,219
5 4,481
6 3,823
7 3,500
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Survey of Accounting
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
3rd Edition
978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856
