Find the Payback period for Oman Tiles company if the initial investment is 25000 OMR and the cash Inflows are as follows: Year 1 =8250 OMR; Year 2 =9500 OMR; Year 3=12750 OMR Year 4=14000 OMR and Year 5= 16500.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 2PA: Jasmine Manufacturing is considering a project that will require an initial investment of $52,000...
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Find the Payback period for Oman Tiles company if the initial investment is 25000 OMR and the cash Inflows are as follows: Year 1 =8250 OMR; Year 2 =9500 OMR; Year 3=12750 OMR Year 4=14000 OMR and Year 5= 16500.
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