Question
Annual cash flows is $100,000, and the original investment is $350,000. The payback period is _____. A) less than 1 year B) more than 1
Annual cash flows is $100,000, and the original investment is $350,000. The payback period is _____.
A) less than 1 year
B) more than 1 year but less than 2 years
C) more than 2 years but less than 3 years
D) more than 3 years but less than 4 years
E) more than 4 years
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Financial Accounting Information For Decisions
Authors: Robert w Ingram, Thomas L Albright
6th Edition
9780324313413, 324672705, 324313411, 978-0324672701
