What is the payback period of the project


Burwinkel Corporation is considering a project that would require an investment of $252,000 and would last for 7 years. The incremental annual revenues and expenses generated by the project during those 7 years would be as follows: The scrap value of the project's assets at the end of the project would be $28,000. what is the payback period of the project ?

 

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Accounting Basics: What is the payback period of the project
Reference No:- TGS074368

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