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Problem 24-5A (Algo) Payback period, break-even time, and net present value LO A1, P1, P3 Salsa Company is considering an investment in technology to improve
Problem 24-5A (Algo) Payback period, break-even time, and net present value LO A1, P1, P3 Salsa Company is considering an investment in technology to improve its operations. The investment costs $241,000 and will yield the appropriate factor(s) from the tables provided.) Required: 1. Determine the payback period for this investment. 2. Determine the break-even time for this investment. 3. Determine the net present value for this investment. 4. Should management invest in this project based on net present value? Complete this question by entering your answers in the tabs below. Determine the payback period for this investment. (Enter cash outflows with a minus sign. Round your Payback Period answer to 1 decimal place.) etermine the break-even time for this investment. (Enter cash outflows with a minus sign. Round your break-even time nswer to 1 decimal place.) Determine the net present value for this investment. Should management invest in this project based on net present value? Should management invest in this project based on net present value
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