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could you please double check my answers Bryant Company has obtained the following data about a possible planned investment: Cost $270,000 Terminal salvage value in
could you please double check my answers
Bryant Company has obtained the following data about a possible planned investment: Cost $270,000 Terminal salvage value in 8 years $10,000 Additional annual cash revenues for 8 years $250,000 Additional annual cash expenses for 8 years $200,000 Estimated useful life in years 8 The company uses straight-line depreciation method. Compute the payback period. 1.08 years 1.35 years O 5.4 years 3.27 years ABC Company is adding a new product line that will require an investment of $1,500,000. The product line is estimated to generate cash inflows of $300,000 the first year, $250,000 the second year, and $200,000 each year thereafter for ten more years. What is the payback period? 6 years 6.75 years 5.25 years none of the answers given are correct An annuity is best described as which of the following statements? Another term used for present value A stream of equal cash installments made at equal time intervals A stream of interest payments on a principal amount invested Another term used for future value Step by Step Solution
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