(Ignore income taxes in this problem.) Shields Company has gathered the following data on a proposed investment project:
-The payback period for the investment is closest to:

Name: (Ignore income taxes in this problem.) Shields Company has gathered the following data on a proposed investment project: -The payback period for the investment is closest to:
Brand: Quizplus
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Question

(Ignore income taxes in this problem.) Shields Company has gathered the following data on a proposed investment project: 
-The payback period for the investment is closest to:

Quizplus · Accepted Answer

Payback period = Investment required F1F1F1S1F1F1F10 Annual net cash inflow
= $400,000 F1F1F1S1F1F1F10 $80,000 = 5 years

(Ignore Income Taxes in This Problem