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Compute the cash payback period

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Reference no: EM132797188

Question - Bradshaw Inc. is contemplating a capital investment of $88,000. The cash flows over the project's four years are:

Expected Annual Years 1, 2, 3, and 4

Expected Annual

Cash Inflows $30,000 $45,000 $60,000 $50,000

Cash outflows $12,000 $20,000 $25,000 $30,000

Required - Compute the cash payback period?

a. 3.59 years.

b. 3.50 years.

c. 2.37 years.

d. 3.20 years.

Reference no: EM132797188

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