A project has estimated annual net cash flows of $ 9,300. It is estimated to cost $

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A project has estimated annual net cash flows of $ 9,300. It is estimated to cost $ 41,850. Determine the cash payback period. Round to one decimal place.

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Financial and Managerial Accounting

ISBN: 978-1285078571

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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