A company is considering the purchase of equipment for ($ 270,000). Projected annual net cash flow from
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A company is considering the purchase of equipment for \(\$ 270,000\). Projected annual net cash flow from this equipment is \(\$ 61,200\) per year. The payback period is
a. 0.2 years.
b. 5.0 years.
c. 4.4 years.
d. 2.3 years.
e. 3.9 years.
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