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Exercise 24-3 (Algo) Payback period and unequal cash flows LO P1 Beyer Company is considering buylng an asset for $240,000. It is expected to produce
Exercise 24-3 (Algo) Payback period and unequal cash flows LO P1 Beyer Company is considering buylng an asset for $240,000. It is expected to produce the following net cash flows. Compute the payback perlod for this investment. (Cumulative net cash outflows must be entered with a minus sign. Round your Payback Perlod answer to 2 decimal places.)
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