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Compute the payback period for an investment with the following net cash flows. Data Year : Initial investment, 1, 2, 3, 4, 5, 6 Net
Compute the payback period for an investment with the following net cash flows.
Data- Year: Initial investment, 1, 2, 3, 4, 5, 6
- Net Cash Flows per Year: -120000, 15000, 25000, 35000, 40000, 45000, 30000
- Cumulative Net Cash Flows: -120000, -105000, -80000, -45000, -5000, 40000, 70000
- Payback period (round your answer to one decimal place)
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Cost Accounting A Managerial Emphasis
Authors: Srikant M. Datar, Madhav V. Rajan, Charles T. Horngren, Louis Beaubien, Chris Graham
7th Canadian Edition
133138445, 978-0133926330, 133926338, 978-0133138443
