Question
Alpha Company invested $30,000 in new equipment. The more efficient new equipment was expected to reduce operating cash outflows over the next four years by
Alpha Company invested $30,000 in new equipment. The more efficient new equipment was expected to reduce operating cash outflows over the next four years by the following:
| Year 1 | Year 2 | Year 3 | Year 4 |
| $9,000 | $7,000 | $6,000 | $5,000 |
Using the averaging method, the payback period for the investment is:
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Guidelines For Auditing Process Safety Management Systems
Authors: CCPS (Center For Chemical Process Safety)
2nd Edition
0470282355, 978-0470282359
