11.2 Consider how Hunter Valloy Snow Park Lodge could use capital...
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Accounting
11.2 
Consider how Hunter Valloy Snow Park Lodge could use capital budgeting to decide whether the $11,000.000 Snow Park Lodge erparsion would be a good investment Assume Humier Valloy'? manegers deveioped the following estimates concerning the oxpansion: (Cick the icon to view the estimates.) Assume that Hunter Valley uses the stmlght-line depreciation mothod and expects the lodge expansion to have a residual value of $600,000 at the end of its sevenyear lie. The average annual net cash inflow from the expension is expected to be $2,714,756. Compute the payback for the expansion project. Round to one decimat place. Amount invested
11.2
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