Round answer for payback decimal place or use 5 places as


Gradebook ORION Assignment NEXT MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK Exercise 12-1 Your answer is partially correct. Try again. Linkin Corporation is considering purchasing a new truck. The many advantages over the company's current truck (not the least of which is that it runs). The new truck would cost $55.200. Because of the increased truck has maintenance costs, and increased fuel economy, the new truck is used a reduced any has expected to generate cost savings of At the end of B years the company w thumb that a proposal should not be accepted unless it present value method when evaluating manager, has suggested that the company should not rely solely on the payback approach, but should also employ the net projects. The company's (a) Compute the cash pay back period and net present value of the proposed investment. (urthe net present value is negative, use either a negative sign preceding the number eg parentheses eg answer for present value to decimal places, e.g. 125. Round answer for Payback decimal place, or use 5 places as displayed in the factor table provided.) e.g. 10.5. purposes, Cash payback period years Net present value (b)

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Accounting Basics: Round answer for payback decimal place or use 5 places as
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