Question
An anticipated purchase of equipment for $500,000, with a useful life of 8 years and no residual value, is expected to yield the following annual
An anticipated purchase of equipment for $500,000, with a useful life of 8 years and no residual value, is expected to yield the following annual net incomes and net cash flows:
| Year | Net Income | Net Cash Flow |
| 1 | $60,000 | $120,000 |
| 2 | 50,000 | 110,000 |
| 3 | 50,000 | 110,000 |
| 4 | 40,000 | 100,000 |
| 5 | 40,000 | 60,000 |
| 6 | 40,000 | 60,000 |
| 7 | 40,000 | 60,000 |
| 8 | 40,000 | 60,000 |
What is the cash payback period?
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Conflict Management And Negotiation Skills For Internal Auditors
Authors: Joan Pastor, PhD
1st Edition
0894136089, 978-0894136085
