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Homemade Bread Company is considering building a new production facility that will cost $46,500. The expected cash inflow from this new facility is estimated to
Homemade Bread Company is considering building a new production facility that will cost $46,500. The expected cash inflow from this new facility is estimated to be $4,600 per year. Calculate the payback period for this investment. What does the payback period calculation not tell Homemade Bread Company that it needs to know? (Must be 300 words)
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