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Arabian Corporation is considering a project that would require an initial investment of $345,000 and would last for 6 years . The incremental annual revenues
Arabian Corporation is considering a project that would require an initial investment of $345,000 and would last for 6 years . The incremental annual revenues and expenses for each of the years would be as follows: At the end of the project, the scrap value of the project's assets would be $12,000. Required: Determine the payback period of the project. Show your work
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