Calculate the payback period, Finance Basics

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Calculate the payback period

The Sunny Valley Wheat Cooperative is considering the construction of a new silo. It will cost $124,000 to construct the silo. Determine the payback period if the expected cash inflows are $16,000 per year. (Enter the final answer to 2 decimal places, e.g. 7.23.)

Payback period years

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Finance Basics: Calculate the payback period

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Finance Basics: Calculate the payback period

Reference No:- TGS043977

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Mistakes in the decision making process

Q : Line of the profit and loss statement

Q : Cost management information

Q : Company net profit margin

Q : Calculate the payback period

Q : Income measured under variable costing

Q : Compare and contrast probability and non-probability samplin

Q : Department expense to be allocated to fabrication

Q : State chi-squared analysis

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Calculate the payback period

Reference No:- TGS043977

Recent Questions Asked Finance Basics

Q : Mistakes in the decision making process

Q : Line of the profit and loss statement

Q : Cost management information

Q : Company net profit margin

Q : Calculate the payback period

Q : Income measured under variable costing

Q : Compare and contrast probability and non-probability samplin

Q : Department expense to be allocated to fabrication

Q : State chi-squared analysis

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