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NOVA Company is considering a long-term investment project called SUS. SUS will require an investment of $125,190. It will have a useful life of 4
NOVA Company is considering a long-term investment project called SUS. SUS will require an investment of $125,190. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $79,000, and annual cash outflows would increase by $30,000. Compute the cash payback period. O 2.55 years O 1.23 years 1.58 years 3.21 years
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