E12-17A (similar to) Question Help Stenback Products is considering acquiring a manufacturing plant. The purchase...
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E12-17A (similar to) Question Help Stenback Products is considering acquiring a manufacturing plant. The purchase price is $1,854,150. The owners believe the plant will generate net cash inflows of $309,025 annually. It will have to be replaced in nine years. To be profitable, the investment's payback period must occur before the investment's replacement date. Use the payback method to determine whether Stenback Products should purchase this plant. First enter the formula, then calculate the payback period. anden habenda lain boda de ropa Payback period
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