“A project with a projected 6 year life would cost $100,00. Its annual cash flows would be $40,000, while its annual income flows would be $30,000. The payback period would be”
2.5 years
The goto resource for studying materials
“A project with a projected 6 year life would cost $100,00. Its annual cash flows would be $40,000, while its annual income flows would be $30,000. The payback period would be”
2.5 years