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Pharoah Inc. is contemplating a capital investment of $108000. The cash flows over the projects four years are: Expected Annual Expected Annual Year Cash Inflows
Pharoah Inc. is contemplating a capital investment of $108000. The cash flows over the projects four years are:
| Expected Annual | Expected Annual | |
| Year | Cash Inflows | Cash Outflows |
| 1 | $40000 | $16000 |
| 2 | 55000 | 25000 |
| 3 | 70000 | 30000 |
| 4 | 62000 | 40000 |
The cash payback period is
2.33 years.
3.64 years.
3.61 years.
3.19 years.
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A Non-Technical Guide To International Accounting
Authors: Roger Hussey, Audra Ong
1st Edition
1946646865, 9781946646866
