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Check my TB Problem Qu. 13-146 The management of Truelove Corporation. 15 points The management of Truelove Corporation is considering a project that would require
Check my TB Problem Qu. 13-146 The management of Truelove Corporation. 15 points The management of Truelove Corporation is considering a project that would require an initial investment of $352,980 and would last for 7 years. The annual net operating income from the project would be $29,600, including depreciation of $46,340. At the end of the project, the scrap value of the project's assets would be $28,600. (Ignore income taxes.,): Skipped Required: Determine the payback period of the project. (Round your answer to 2 decimal places.) eBook Payback period years
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