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QUESTION 12 An alternative for producing a pesticide will have a first cost of $400,000 and annual costs of $40,000. Income is expected to be
QUESTION 12 An alternative for producing a pesticide will have a first cost of $400,000 and annual costs of $40,000. Income is expected to be 5120,000 per year What is the payback period at 0% per year interest? Between 5 & 6 years Between 6 & 7 years between 78 8 yours Between 8 & 9 years
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
3rd edition
9780077506902, 78025540, 77506901, 978-0078025549
