Question: DO IT! Exercises DO IT! 25.1 (LO 1), AP Wayne Company is considering a long-term investment project called ZIP ZIP will require an investment of

DO IT! Exercises DO IT! 25.1 (LO 1), AP Wayne Company is considering a long-term investment project called ZIP ZIP will require an investment of $140,000. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,000, and annual cash outflows would increase by $40,000. Compute the cash payback period. DO IT! 25.2 (LO 2), AN Wayne Com dering a long-term investment project called ZIP

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