What would be the payback period if the store's initial investment was 25 million pesos, their expected realizable revenue for a year is 5 million pesos for 5 years. Compute

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 5EB: A grocery store is considering the purchase of a new refrigeration unit with an Initial Investment...
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What would be the payback period if the store's initial investment was 25 million pesos, their expected realizable revenue for a year is 5 million pesos for 5 years. Compute
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