Question
Determine the payback period for a 10-year investment project that will cost P9.8M in depreciable assets. The project is expected to earn P2.5M annually, with
Determine the payback period for a 10-year investment project that will cost P9.8M in depreciable assets. The project is expected to earn P2.5M annually, with yearly expenses for operations, maintenance, and taxes estimated at P0.114M, salvage value for the assets is estimated at 30% after 10 years using the SLM depreciation.
(ANSWER:. 5.76 years)
PLEASE USE AN ACTUAL FORMULA NOT EXCEL
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Management Accounting
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
6th Canadian edition
013257084X, 1846589207, 978-0132570848
