Question
A project has estimated annual net cash flows of $52,000 and is estimated to cost $379,600. What is the payback period? (Round your answer to
A project has estimated annual net cash flows of $52,000 and is estimated to cost $379,600.
What is the payback period?
(Round your answer to 2 decimal places.)
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Management and Cost Accounting
Authors: Alnoor Bhimani, Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
6th edition
1292063467, 978-1292063461
