Mr. J's Bagels invested in a new oven for $17,000. The oven reduced the amount of...
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Mr. J's Bagels invested in a new oven for $17,000. The oven reduced the amount of time for baking which increased production and sales for five years by the following amounts of cash inflows: Year 1 $9,000 Year 2 Year 3 $7,000 $6,000 Year 4 $7,000 Year 5 $6,000 Using the averaging method, the payback period for the investment in the oven would be Mr. J's Bagels invested in a new oven for $17,000. The oven reduced the amount of time for baking which increased production and sales for five years by the following amounts of cash inflows: Year 1 $9,000 Year 2 Year 3 $7,000 $6,000 Year 4 $7,000 Year 5 $6,000 Using the averaging method, the payback period for the investment in the oven would be
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