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Bramble Company is considering two capital investment proposals. Estimates regarding each project are provided below: Project Soup Project Nuts Initial investment $254800 $591000 Annual net
Bramble Company is considering two capital investment proposals. Estimates regarding each project are provided below: Project Soup Project Nuts Initial investment $254800 $591000 Annual net income 27100 44100 Net annual cash inflow 91000 141400 Estimated useful life 6 years 7 years Salvage value 0 0 inflow Estimated useful life 6 years 7 years Salvage value 0 0 The cash payback period for Project Soup is O 13.4 years. 6.0 years. O 4.2 years. O 2.8 years
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