Question: 6. From the information given below compute the Payback Period. Initial outlay `80,000 Estimated life 5 years Profit after tax: End of year 1 `6,000

6. From the information given below compute the Payback Period.

Initial outlay `80,000 Estimated life 5 years Profit after tax:

End of year 1 `6,000 2 `14,000 3 `4,000 4 `6,000 5 `10,000 Depreciation has been calculated under straight line method.

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