Question: Remaining Time: 36 minutes, 49 seconds. Question Completion Status: QUESTION 21 Which of the following statements is false? If the payback period is less than

 Remaining Time: 36 minutes, 49 seconds. Question Completion Status: QUESTION 21

Remaining Time: 36 minutes, 49 seconds. Question Completion Status: QUESTION 21 Which of the following statements is false? If the payback period is less than the maximum acceptable payback period, accept the project. If the payback period is greater than the maximum acceptable payback period, reject the project. If the payback period is less than the maximum acceptable payback period, reject the project Two of the above. QUESTION 22 What is the payback period for Tangshan Mining company's new project if its initial after tax cost is $5.000.000 and it is expected to provide after-tax operating cash inflows of $1.800.000 in year 1.51.900.000 in year 2. $700.000 in year 3 and $1.800.000 in year 433 years 3.33 years 2.33 years None of the above Che Same Submit to and submit Chick Save All Aruter to save all anster leach

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