Koeq Enterprises is considering a long-term investment project called ZIP. ZIP will require an investment of NT$1,400,000.
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Koeq Enterprises is considering a long-term investment project called ZIP. ZIP will require an investment of NT$1,400,000. It will have a useful life of 4 years and no residual value. Annual cash inflows would increase by NT$800,000, and annual cash outflows would increase by NT$400,000. Compute the cash payback period.
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Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
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