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Matthew Corporation is adding a new product line that will require an investment of $204,000. The product line is estimated to generate cash inflows of

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Matthew Corporation is adding a new product line that will require an investment of $204,000. The product line is estimated to generate cash inflows of $32,000 the first year, $25,000 the second year, and $21,000 each year thereafter for ten more years. What is the payback period? O A. 7.78 years OB. 9.37 years O C. 9.84 years O D. 9 years S SITBESTILOLITTORUW Serie R Assets and contra-assets Cash Accounts receivable Inventory Prepaid expenses Accumulated depreciation Cariges TOUR put your Increase/(Decrease) $47,000 $12,000 $20,000 $ (7.100) $11,400 Liabilities Increase/Decrease) Accounts payable $23,000 Wages payable $ (14,000) Taxes payable $12,000 The company's operating income during the year was $40,000. What is the net cash provided by operating activities during last year on the statement of cash flows for Smithson Corporation (using the indirect method)? O A. $104,300 O B. $47,500 O C. $12,000 OD. $28,000

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