An anticipated purchase of equipment for $520,000,with a useful life of 8 years and no residual value,is expected to yield the following annual net incomes and net cash flows:
What is the cash payback period?

Question

An anticipated purchase of equipment for $520,000,with a useful life of 8 years and no residual value,is expected to yield the following annual net incomes and net cash flows: ​
 What is the cash payback period?

Quizplus · Accepted Answer

The Answer of An anticipated purchase of equipment for $520,000,with a useful life of 8 years and no residual value,is expected to yield the following annual net incomes and net cash flows: ​
 What is the cash payback period?

An Anticipated Purchase of Equipment for $520,000,with a Useful Life