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Sikes Hardware is adding a new product line that will require an investment of $1.480,000 Managers estimate that this investment will have a 50-year te
Sikes Hardware is adding a new product line that will require an investment of $1.480,000 Managers estimate that this investment will have a 50-year te and generate net cash info of $310,000 the first year, $255.000 the second year and $225,000 each year thereafter for eight years. The investment has no residual value Compute the payback period First the formula, then calculate the payback penod. (Round your answer to two decimal places) Full years Amount to complete recovery in next year Expected annual net cash flow Pay Shes Hardware is adding a new product line that will require an investment of $1,480.000. Managers estimate that this investment will have a 10-year life and generate net cash inflows of $310.000 the first year $235,000 the second year an $225.000 each year thereafter for eight years. The investment has no residual value. Compute the payback period First enter the formula, then calculate the payback period. (Round your answer to two decimal places) Full years Partial years ) Payback JARE, NO DOKent has no residual value. Compute the payback period TUL ULMAN will have a 10-year ife and generate net cash inflows of $310.000 the first year $295.000 the second year and CD First enter the formula, then calculate the payback period. (Round your answer to two decimal places) Payback Amount to complete recovery in next year Initial investment Residual value Total net cash inflows Help me solve this Video Get more help. Clear all Final check wer the formula, then calculate the payback period. (Round your answer to two decimal places.) ) Payback Expected annual net cash inflow Future value Projected cash inflow in next year Residual value Total net cash inflows Clear all Final check
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