Question: Rents Corp. is considering a project that would require an initial investment of $300,000 for a machine. The project's incremental annual cash inflows are $100,000

Rents Corp. is considering a project that would require an initial investment of $300,000 for a machine. The project's incremental annual cash inflows are $100,000 and incremental cash outflows are $64.000. Annual depreciation on the machine is $22,000. The payback period of the Investment is closest to: Multiple Choice | o o 2143 0469

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