Business, 06.05.2021 01:00 LilLappyLOL
The management of L Corporation is considering a project that would require an investment of $225,000 and would last for 6 years. The annual net operating income from the project would be $115,000, which includes depreciation of $32,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to (Ignore income taxes.):.
a. 1.5 years.
b. 1.6 years.
c. 1.4 years.
d. 2.0 years.
Answers: 2
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The management of L Corporation is considering a project that would require an investment of $225,00...
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