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Sheffield Company is considering a long-term investment project called ZIP, ZIP will require an investment of $136.017. It will have a useful life of 4
Sheffield Company is considering a long-term investment project called ZIP, ZIP will require an investment of $136.017. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,000 and annual cash outflows would increase by $41.900. Compute the cash payback period. (Round answer to 2 decimal places, c.8. 10.52) Cash payback period years. e Textbook and Media Marigold's Hair Salon is considering opening a new location in French Lick, California. The cost of building a new salon is $262.000. A new salon will normally generate annual revenues of $59.710, with annual expenses (including depreciation) of $40.900. At the end of 15 years the salon will have a salvage value of $80,000 Calculate the annual rate of return on the project Annual rate of return %
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