Question: Using the Payback method, during which year will the company recoup its initial cash outflow? Initial outflow of $120,000 with cash back inflows of: a:

Using the Payback method, during which year will the company recoup its initial cash outflow?

Initial outflow of $120,000 with cash back inflows of:

a: Year 1-$60,000

b: Year 2-$45,000

c:Year 3-$32,000

d: Year 4-$50,000

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