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Davis Company is considering an investment of $135,000 that provides net cash flows of $45,000 annually for four years. The investment's payback period is: Multiple Choice …

Davis Company is considering an investment of $135,000 that provides net cash flows of $45,000 annually for four years. The investment's payback period is: Multiple Choice …
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Davis Company is considering an investment of $135,000 that provides net cash flows of $45,000 annually for four years. The investment's payback period is: Multiple Choice a. 2.5 years. b. 3.0 years. c. 2.0 years. d. 4.0 years. e. 3.5 years.

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User Xtravar
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Answer:

3.0 years

Step-by-step explanation:

answered
User Anouar Mokhtari
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