If an IT project costs $150,000 and returns net cash flows of $100,000 per year, what is
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If an IT project costs $150,000 and returns net cash flows of $100,000 per year, what is the payback period?
a. 1 year
b. 1.5 years
c. 2 years
d. 2.5 years
e. None of the above
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The pay back period is 1 5 years The pay back period is the ...View the full answer
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Related Book For
Accounting Information Systems
ISBN: 9781260571080
3rd International Edition
Authors: Vernon Richardson
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