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please answer fast as 400 SHORT ANSWERS 1.. Daisyco Corporation is considering a projeet that would require an initial investment of $485,000 and would last
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as 400 SHORT ANSWERS 1.. Daisyco Corporation is considering a projeet that would require an initial investment of $485,000 and would last for 6 years. The incremental annual revenues and expenses for each of the 6 years would be as follows: (10 points) $203.000 45.000 158,000 Sales Variable expenses Contribution margin. Fixed expenses Salaries Rents Depreciation Total forced expenses Net operating income. $24,000 37.000 31.000 92.000 $166.000 Required: Determine the Payback period of the project. Show your work Step by Step Solution
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