Sun Company is considering purchasing new equipment costing $350,000. Sun's management
has estimated that the equipment will generate cash flows as follows:
Year 1 $100,000
Year 2 $100,000
Year 3 $120,000
Year 4 $125,000
Year 5 $75,000
What is the payback period?
A) 3.2 years B) 3 years C) 4 years D) 3.5 years
A
Business
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-threat of punishment -choice of future work assignments -potential for lay-offs
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The Clerk of the Court is usually an appointed official
Indicate whether the statement is true or false.
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