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Exercise 11-1 Payback period computation; uneven cash flows LO P1 Beyer Company is considering the purchase of an asset for $380,000. It is expected to

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Exercise 11-1 Payback period computation; uneven cash flows LO P1 Beyer Company is considering the purchase of an asset for $380,000. It is expected to produce the following net cash flows The cash flows occur evenly within each year. ook Net cash flows 90,800$58,888 $70,888 $258,e00 $11,808 $471,899 ant Compute the payback period for this investment (Cumulative net cash outflows must be entered with a minus Payback Period answer to 2 decimal place.) sign. Round your sk Curnulative Net Cash inflow (Outflow) Cash Inflow Outfiow rences 0 (380 000) Payback period s

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