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Homework: ACC-260 Topic 6 Practice Problems Save Score: 0 of 1 pt 48 of 90 (0 complete) HW Score: 0%, 0 of 90 pts Question
Homework: ACC-260 Topic 6 Practice Problems Save Score: 0 of 1 pt 48 of 90 (0 complete) HW Score: 0%, 0 of 90 pts Question Help 0 E26-19 (book/static) Henry Co. is considering acquiring a manufacturing plant. The purchase price is $1,200,000. The owners believe the plant will generate net cash inflows of $325.000 annually. It will have to be replaced in six years. Use the payback method to determine whether Henry should purchase this plant Round to one decimal place. Select the formula, then enter the amounts to calculate the payback period for the plant. (Round payback to one decimal place, X.X.) Payback years Choose from any list or enter any number in the input fields and then click Check Answer. ? 1 part Clear All remaining Clear All Check
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