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Exercise 9-14 Calculate the Payback Period

Exercise 9-14 Calculate the Payback Period
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ACCOUNTING

MT425 / MT 425
Managerial Finance and Accounting
Kaplan University (KU Campus)

James Jiambalvo
Managerial Accounting, 4e
Hoboken, NJ: John Wiley & Sons.

Unit 7: Capital Budgeting and Other Long-Run Decisions

Chapter 9 Exercise 9-14 Calculate the Payback Period [LO 6] The Sunny Valley Wheat Cooperative is considering the construction of a new silo. It will cost $75,000 to construct the silo. Determine the payback period if the expected cash inflows are $15,000 per year.

 

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