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Find the cash payback period

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Question - If an asset costs 240,000 and is expected to have a 40,000 salvage value at the end of its ten-year lief, and generates annual net cash inflows of 40,000 each year, the cash payback period is:

Reference no: EM131605254

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Find the cash payback period : If an asset costs 240,000 and is expected to have a 40,000 salvage value at the end of its ten-year lief, the cash payback period is
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