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Blossom Company is considering a long-term investment project called ZIP. ZIP will require an investment of $128,700. It will have a useful life of
Blossom Company is considering a long-term investment project called ZIP. ZIP will require an investment of $128,700. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $79,700, and annual cash outflows would increase by $40,100. Compute the cash payback period. (Round answer to 2 decimal places, e.g. 10.52.) Cash payback period years.
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Cost Accounting A Managerial Emphasis
Authors: Srikant M. Datar, Madhav V. Rajan, Charles T. Horngren, Louis Beaubien, Chris Graham
7th Canadian Edition
133138445, 978-0133926330, 133926338, 978-0133138443
