Problem: Capital Budgeting $-$ Payback Period

A project requires an initial investment of $$200,000$ and generates cash flows of $$50,000$ per year. Calculate the payback period for the project.

Problem: Inventory Turnover Ratio

Calculate the inventory turnover ratio for a company with cost of go

ods sold of $$400,000$ and an average inventory balance of $$80,000.$

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