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Business, 09.07.2021 18:10 zahradawkins2007
Project A requires a $ 385,000 initial investment for new machinery with a five year life and a salvage value of . The company uses straight - line depreciation . Project A is expected to yield annual net income of $ 23,100 per year for the next five years.
Required:
Compute Project A's payback period.
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Project A requires a $ 385,000 initial investment for new machinery with a five year life and a salv...
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