Salalah Foods has invested in new machinery at a cost of 1450000 OMR. This investment...
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Accounting
Salalah Foods has invested in new machinery at a cost of 1450000 OMR. This investment is expected to produce cash flows of 640000 OMR, 715250 OMR, 823330 OMR, and 907125 OMR over the next four years. What is the payback period for this project? Select one: en O a. 2.42 years O b. None of these O c. 1.63 years O d. 1.34 years O e. 2.11 years
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