Question: Exercise 2 4 - 3 ( Algo ) Payback perlod and unequal cash flows LO P 1 Beyer Company is considering buying an asset for

Exercise 24-3(Algo) Payback perlod and unequal cash flows LO P1 Beyer
Exercise 24-3(Algo) Payback perlod and unequal cash flows LO P1
Beyer Company is considering buying an asset for $290,000. It is expected to produce the following net cash flows.
Compute the payback period for this investment. (Cumulatlve net cosh outflows must be entered with a minus sign. Round your
Payback Perlod answer to 2 decimal places.)
Company is considering buying an asset for $290,000. It is expected to

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