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Trinitron Enterprises is considering a project that requires aninitial investment of $216,000 with an estimated useful life of 10years and no salvage value. The project will generate $7,200 of netincome each year. The asset will be depreciated using straight-linedepreciation.

The cash payback on this project

A : is 6 years.

B : cannot be computed from the information provided becausecash flows are used to compute the payback period.

C : is 7.5 years.

D : is 10 years.

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Jamar Ferry
Jamar FerryLv2
28 Sep 2019

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