If an asset has an original cost of $140,000 and is expected to have a...
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Accounting
If an asset has an original cost of $140,000 and is expected to have a $20,000 salvage value at the end of its ten-year estimated useful life, and generates annual net cash inflows of $10,000 each year, then the payback period is
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15 years
14 years
16 years
17 years
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