Question
Rents Corp. is considering a project that would require an initial investment of $270,000 for a machine. The projects incremental annual cash inflows are $135,000
Rents Corp. is considering a project that would require an initial investment of $270,000 for a machine. The projects incremental annual cash inflows are $135,000 and incremental cash outflows are $51,000. Annual depreciation on the machine is $22,000.
The payback period of the investment is closest to:
Multiple Choice
-
2.00
-
5.29
-
2.65
-
3.21
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Utopia The Social Audit
Authors: Travis E. Hughes
1st Edition
1505493374, 978-1505493375
