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book Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta cover

Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Edition 22ISBN: 978-0077862275
book Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta cover

Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Edition 22ISBN: 978-0077862275
Exercise 90
Siemens AG invests €80 million to build a manufacturing plant to build wind turbines. The company predicts net cash flows of €16 million per year for the next eight years. Assume the company requires an 8% rate of return from its investments.
1. What is the payback period of this investment
2. What is the net present value of this investment
Explanation
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Payback period:
Payback period identifi...

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Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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