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1 Required information Required: Calculate the payback period of each house flip. Assume the...

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Accounting

1
Required information
Required:
Calculate the payback period of each house flip.
Assume the company has unlimited funds and will pursue any project with a payback period of less than five years. Which house(s) should the company pursue?
Now assume the company has a limited amount to invest but no internal payback period requirements, and must decide between Cantrell and Fuller. Which house should they select based on the payback period analysis?
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Required 3
Calculate the payback period of each house flip.
Note: Enter your answers rounded to two decimal places.
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