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Gateway Graphics is considering an investment in new printing equipment costing $ 5 2 0 , 0 0 0 . The equipment will be depreciated
Gateway Graphics is considering an investment in new printing equipment costing $ The equipment will be depreciated on a straight line basis over a five year life and is expected to generate net cash inflows of $ the first year, $ the second year, and $ every year thereafter until the fifth year. What is the payback period for this investment? The residual value is zero. Round answer to two decimal places. A years B years C years D years
Gateway Graphics is considering an investment in new printing equipment costing $ The equipment will be depreciated on a straight line basis over a five year life and is expected to generate net cash inflows of $ the first year, $ the second year, and $ every year thereafter until the fifth year. What is the payback period for this investment? The residual value is zero. Round answer to two decimal places.
A years
B years
C years
D years
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