Question: Flowserve Corporation. Is considering a bew inventory system that will cost $750.000. The system is expected to generale positive cash flows over the nect four
Flowserve Corporation. Is considering a bew inventory system that will cost $750.000. The system is expected to generale positive cash flows over the nect four years in the ameunts of $350,000 in year one, $325,000 in year two, $150,000 in year three, and $180.500 in year four, What is the payback period of this project? Round to one decimal place
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