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Paula bought a machine costing $1,000, which will produce cash inflows of $1,400 over the next 4 years. Determine the payback period given the following
Paula bought a machine costing $1,000, which will produce cash inflows of $1,400 over the next 4 years. Determine the payback period given the following cash flows. Year After-Tax Cash Flows Cumulative Cash Flows 1 $400 $400 2 300 700 3 500 1,200 4 200 1,400 (Points : 11)
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