A project requires an initial cash outflow of RO.35,000. The cash inflows for 6 years...
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Accounting
A project requires an initial cash outflow of RO.35,000. The cash inflows for 6 years are RO.6,000, RO.9,000, RO.11,000, RO.13,000, RO.8,000 and RO.4,000 respectively. Calculate the Payback period.
a.
None of the options
b.
4 Years and 8 Months
c.
5 Years and 1 Months
d.
3 Years and 8 Months
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