Let's assume that a company invests cash of $400,000 in more efficient equipment. The cash...
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Let's assume that a company invests cash of $400,000 in more efficient equipment. The cash savings from the new equipment is expected to be $100,000 per year for 10 years. The payback period is? Select one: a. 6 years b. 2 years c. 4 yeras d. 5 years
Let's assume that a company invests cash of $400,000 in more efficient equipment. The cash savings from the new equipment is expected to be $100,000 per year for 10 years. The payback period is?
Select one:
a. 6 years
b. 2 years
c. 4 yeras
d. 5 years
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