Round payback period answer to 3 decimal places Year Net Income Depreciation

Round payback period answer to 3 decimal places year

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Compute the machine’s payback period (ignore taxes). (Round payback period answer to 3 decimalplaces.)$$$$YearNet IncomeDepreciationNet Cash FlowCumulative Cash Flow0(150,000)(150,000)110,00030,00040,000(110,000)225,00055,000(55,000)350,00025,000437,5005100,000Payback period =2.68830,00030,00080,00030,00067,50092,50030,000130,000222,500yearsFFFFFFFFFF Hint #1 References Hints
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