Business, 01.12.2021 02:20 Oliviapuffinburger33

Rihanna Company is considering purchasing new equipment for $531,200. It is expected that the equipment will produce net annual cash flows of $64,000 over its 10-year useful life. Annual depreciation will be $53,120. Compute the cash payback period. (Round answer to 1 decimal place, e. g. 10.5.) Cash payback period enter the cash payback period in years rounded to 1 decimal place years

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Rihanna Company is considering purchasing new equipment for $531,200. It is expected that the equipm...

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