Question: solve a and b Paybeck period . The Bat Shoe Company it considering en investment project that roquret an indial investment of 5536,000 and retums

solve a and b

Paybeck period . The Bat Shoe Company it considering en investment project that roquret an indial investment of 5536,000 and retums ater-iax cash infows of 574 , 727 per jeat for 10 yeas The frm has a maximum accepeable payback period of oyears a. Delermine the puyback period for this propect b. Should the company accept the project? a. The payback period for tisis project is years. (Round to two decimal places)

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