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kitkat867 kitkat867
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A year ago

Oriental Corporation has gathered the following data on a proposed investment project (Ignore income taxes.):

Investment in depreciable equipment$ 200,000
Annual net cash flows $ 50,000
Life of the equipment10years
Salvage value$ 0
Discount rate10%

The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment.

The payback period for the investment would be:



▸ 2.41 years

▸ 0.25 years

▸ 10 years

▸ 4 years
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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rick32rick32
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A year ago
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kitkat867 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Shuqin
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Yesterday
This helped my grade so much Perfect
wyq2651
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2 hours ago
Thanks for your help!!
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