Question
Marple Industries is evaluating a capital project with a net initial investment of $120,000. The project is expected to generate net cash inflows of
Marple Industries is evaluating a capital project with a net initial investment of $120,000. The project is expected to generate net cash inflows of $15,000 each year. Calculate the payback period for the project. (Round answers to 0 decimal places, eg 25.) Payback Period years Marple Industries is evaluating a capital project with a net initial investment of $120,000. The project is expected to generate net cash inflows of $15,000 each year. Calculate the payback period for the project. (Round answers to 0 decimal places, eg 25.) Payback Period years
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Cost Accounting
Authors: William K. Carter
14th edition
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