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Following information is given of ABC Ltd. Cash Outflow $150,000 Annual Cash inflow after depreciation First 4 years $25,000 Next 6 years $10,000 Estimated life
Following information is given of ABC Ltd.
Cash Outflow $150,000
Annual Cash inflow after depreciation
First 4 years $25,000
Next 6 years $10,000
Estimated life 10 years
Salvage Value $15,000
Required: i) Calculate Payback period
Please explain and do not copy from Chegg. Otherwise i have to report the answer.
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Financial And Managerial Accounting For MBAs
Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally
5th Edition
