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Problem - Cash Payback Circle one correct letter. Each correct answeris worth_ point(s). Brady Corp....

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Problem - Cash Payback Circle one correct letter. Each correct answeris worth_ point(s). Brady Corp. is considering the purchase of a piece of equipment with the following projected net annual cash flows over the project's life. Year Net Annual Cash Flows 1 $3,000 2 $8,000 3 $15,000 4 $9,000 1. What is the cash payback period if the equipments costs $20,000? a 2.29 years. b 2.60 years. C 2.40 years. d 2.31 years. J Problem - Cash Payback, Continued. Circle one correct letter. Each correct answer is worth point(s). Bradshaw Inc. is contemplating a capital investment with the following cash flows over the project's four years are: Expected Annual Cash Expected Annual Cash Inflows Outflows Yea: 1 $30,000 $12,000 NS $45,000 $20,000 3 $60,000 $25,000 4 $50,000 $30,000 2. What is the cash payback period if the capital investment is $88,000? a 3.59 years. h 3.50 years. C 2.37 years. d 3.20 years

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