Guerilla Radio Broadcasting has a project available with the following cash flows: Year 972 34 1 Cash Flow -$ 17,600 7,300 8,600 2,700 2,300 What is the payback period?

Financial And Managerial Accounting
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Chapter26: Capital Investment Analysis
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radio broadcasting has a project available with the following cash flows
Guerilla Radio Broadcasting has a project available with the following cash flows:
Year Cash Flow
-$ 17,600
7,300
8,600
2,700
2,300
1
234
What is the payback period?
Transcribed Image Text:Guerilla Radio Broadcasting has a project available with the following cash flows: Year Cash Flow -$ 17,600 7,300 8,600 2,700 2,300 1 234 What is the payback period?
3.00 years
2.92 years
2.63 years
3.07 years
1.37 years
Transcribed Image Text:3.00 years 2.92 years 2.63 years 3.07 years 1.37 years
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