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mahan1994 mahan1994
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A year ago
Sycamore Industries has provided the following information on a proposed project:

Initial net investment cost of project$140,000
Annual cash inflows$20,000
Salvage value$0
Useful life of project10 years
Required rate of return10%
Straight-line depreciation per year$14,000

Required:

a.What is the payback period for the investment?
b.What is the simple rate of return on the investment?
c.What is the internal rate of return on the investment?
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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damien03damien03
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A year ago
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mahan1994 Author
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A year ago
Thanks
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Thank you, thank you, thank you!
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