(Ignore income taxes in this problem.) Oriental Company has gathered the...
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Accounting
(Ignore income taxes in this problem.) Oriental Company has gathered the following data on a proposed investment project: Investment in depreciable equipment Annual net cash flows Life of the equipment Salvage value Discount rate $600,000 $50,000 20 years $0 14.00% The company uses straight-line depreciation on all equipment. The payback period for the investment would be: Multiple Choice O 12.00 years 448 years
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