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Accounting Information Systems 1st Edition by Vernon Richardson,Chengyee Chang ,Rod Smith
Edition 1ISBN: 978-0078025495Accounting Information Systems 1st Edition by Vernon Richardson,Chengyee Chang ,Rod Smith
Edition 1ISBN: 978-0078025495 Exercise 16
If an IT project costs $150,000 and returns net cash flows of $100,000 per year, what is the payback period? a. 1 year
B) 1.5 years
C) 2 years
D) 2.5 years
E) None of the above
B) 1.5 years
C) 2 years
D) 2.5 years
E) None of the above
Explanation
Verified
Verified
It refers to the duration of the period ...
Accounting Information Systems 1st Edition by Vernon Richardson,Chengyee Chang ,Rod Smith
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