Question
If a copy center is considering the purchase of a new copy machine with an initial investment cost of $150,000 and the center expects an
If a copy center is considering the purchase of a new copy machine with an initial investment cost of $150,000 and the center expects an annual net cash flow of $20,000 per year, what is the payback period?
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Payback periodinitial costannual cash flows 15000020000 which is equal to 75 year...Get Instant Access to Expert-Tailored Solutions
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Financial Analysis with Microsoft Excel
Authors: Timothy R. Mayes, Todd M. Shank
7th edition
1285432274, 978-1305535596, 1305535596, 978-1285432274
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