Question
You are evaluating an investment project costing $40,000 initially. The project will provide $3,000 in after-tax cash flows in the first year, and $7,000 each
You are evaluating an investment project costing $40,000 initially. The project will provide $3,000 in after-tax cash flows in the first year, and $7,000 each year thereafter for 10 years. The maximum payback period for your company is 6 years. What is the payback period for this project?
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Introduction to Operations and Supply Chain Management
Authors: Cecil B. Bozarth, Robert B. Handfield
3rd edition
132747324, 978-0132747325
