Question: tsangoni ltd obtained information for a project which it intends choosing. The following details are available Cash outlay R600 000, Economic life 4 years, Average

tsangoni ltd obtained information for a project which it intends choosing. The following details are available Cash outlay R600 000, Economic life 4 years, Average annual net cash inflow over the economic life R280000, Depreciation R150 000, average annual profits R130 000. Determine the payback period for the project

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