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Annual cash inflows would increase by 79240 and annual cash

Question - Wallowa Company is considering a long-term investment project called ZIP. ZIP will require an investment of $119,200. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $79,240, and annual cash outflows would increase by $40,500. Compute the cash payback period.

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Accounting Basics: Annual cash inflows would increase by 79240 and annual cash

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Accounting Basics: Annual cash inflows would increase by 79240 and annual cash

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