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Other Fields Homework Help Accounting Topic started by: Deprecated on Sep 21, 2016



Title: Paramount Carpets is considering purchasing new equipment costing $730,000. The company's ...
Post by: Deprecated on Sep 21, 2016
Paramount Carpets is considering purchasing new equipment costing $730,000. The company's management has estimated that the equipment will generate cash flows as follows:

Year 1   $204,000
2   204,000
3   266,000
4   266,000
5   150,000

Considering the residual value is zero, calculate the payback period. (Round your answer to two decimal places.)
A) 4.61 years
B) 3.21 years
C) 3.70 years
D) 3.42 years


Title: Re: Paramount Carpets is considering purchasing new equipment costing $730,000. The company's ...
Post by: .unplugged. on Sep 21, 2016
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Title: Re: Paramount Carpets is considering purchasing new equipment costing $730,000. The company's ...
Post by: Deprecated on Oct 12, 2016
Thanks!


Title: Re: Paramount Carpets is considering purchasing new equipment costing $730,000. The company's ...
Post by: Chen Yan on Nov 20, 2020
thanks