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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
Speedy Print Shop bought a new high-speed photo copier to offer customers the opportunity to make high-quality copies out of their digital pictures. Its useful life is 6 years. The copier cost $7,740 and will generate annual cash inflows of $2,150. The residual value of the copier is $1,320. The payback period in years is closest to
A) 3.60.
B) 2.99.
C) 2.23.
D) 4.21.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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bernie2981 Author
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#2
8 years ago
Answers my question perfectly.
wrote...
#3
4 years ago
Thank you!
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