Solution-Compute the cash payback period

Compute the cash payback period

Reference no: EM131631822

Question - Rihanna Company is considering purchasing new equipment for $450,000. It is expected that the equipment will produce net annual cash flows of $60,000 over its 10-year useful life. Annual depreciation will be $45,000. Compute the cash payback period.

Reference no: EM131631822

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Compute the cash payback period

Reference no: EM131631822

Reference no: EM131631822

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