Compute the cash payback period

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Question - Wallowa Company is considering a long-term investment project called ZIP. ZIP will require a long-term investment of $120,000. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase $80,000, and annual cash outflows would increase by $40,000. Compute the cash payback period.

Reference no: EM133124172

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