Question
Cemenza Company is considering the purchase of a new machine. The machine cost $227,500 and will generate a yearly cash inflow of $35,000. What is
Cemenza Company is considering the purchase of a new machine. The machine cost
$227,500 and will generate a yearly cash inflow of $35,000. What is the payback period?
A.5 years and 11 months
B.6 years and 6 months
C.7 years and 1 month
D.8 years and 3 months
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Fundamental Accounting Principles Volume II
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
16th Canadian edition
1259261433, 978-1260305838
