Grayson Corp. is considering the purchase of a piece of equipment that costs $34,269. Projected...

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Grayson Corp. is considering the purchase of a piece of equipment that costs $34,269. Projected net annual cash flows over the project's life are: Year Net Annual Cash Flow 1 2 3 4 $ 6,702 19,077 15,682 19,233 The cash payback period is. Round your answer by two decimals
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Grayson Corp. is considering the purchase of a piece of equipment that costs $34,269. Projected net annual cash flows over the project's life are: The cash payback period is. Round your answer by two decimals

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