Jos Munoz, owner of a water park, is considering adding a 50 -foot waterslide. The waterslide will

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José Munoz, owner of a water park, is considering adding a 50 -foot waterslide. The waterslide will cost \(\$ 20,000\). José estimates that the waterslide will generate annual cash flows of \(\$ 4,000\). What is the payback period?

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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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