Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
bernie2981 bernie2981
wrote...
Go to Answer
Posts: 3810
Rep: 26 0
8 years ago
Ribelin Corporation is adding a new product line that will require an investment of $138,000. The product line is estimated to generate cash inflows of $25,000 the first year, $23,000 the second year, and $18,000 each year thereafter for ten more years. What is the payback period?
A) 7.26 years
B) 7.67 years
C) 7.00 years
D) 5.52 years
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 697 times
2 Replies
Replies
Answer verified by a subject expert
nucleinuclei
wrote...
#1
Top Poster
Posts: 2158
Rep: 418 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

bernie2981 Author
wrote...
#2
8 years ago
Answers my question perfectly.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1255 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 737
  
 157
  
 290
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Which country would you like to visit for its food?