Question
Christopher electronics bought new machinery for $5,075,000 million. This is expected to result in addition cash flow of $1,220,000 million over the next 7 years.
Christopher electronics bought new machinery for $5,075,000 million. This is expected to result in addition cash flow of $1,220,000 million over the next 7 years. What is the payback period for this project? Their acceptance period is five years.
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Analysis for Financial Management
Authors: Robert c. Higgins
8th edition
73041807, 73041803, 978-0073041803
