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Business, 02.08.2019 18:20 jenn8055

Olinick corporation is considering a project that would require an investment of $334,000 and would last for 8 years. the incremental annual revenues and expenses generated by the project during those 8 years would be as follows (ignore income taxes.): sales $ 230,000 variable expenses 18,000 contribution margin 212,000 fixed expenses: salaries 36,000 rents 49,000 depreciation 44,000 total fixed expenses 129,000 net operating income $ 83,000 the scrap value of the project's assets at the end of the project would be $26,000. the cash inflows occur evenly throughout the year. the payback period of the project is closest to:

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