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A medical group purchased equipment for $1,200,000. What is the payback period when the expected cash flows for each of the 5 years is $140,000,

A medical group purchased equipment for $1,200,000. What is the payback period when the expected cash flows for each of the 5 years is $140,000, $175,000, $199,000, $218,000, and $245,000?

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Pay back period... View the full answer

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  • Since Cumulative Cash flow is negative at the end of useful life of project, Project is never being recovered or it is grater than 5 years
    • relaxtutor
    • May 02, 2018 at 12:20pm

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There is no Payback... View the full answer

Answer Project is never... View the full answer

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