Question
Bradshaw Inc. is contemplating a capital investment of $85,000. The cash inflows over the projects 4 years are as follows. Year Expected Cash Inflow 1
Bradshaw Inc. is contemplating a capital investment of $85,000. The cash inflows over the projects 4 years are as follows.
| Year | Expected Cash Inflow |
| 1 | $18,000 |
| 2 | $25,000 |
| 3 | $35,000 |
| 4 | $20,000 |
The payback period is _____.
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Continuous Auditing Theory And Application
Authors: David Y. Chan, Victoria Chiu
1st Edition
1787434141, 978-1787434141
