What is the bail-out period for this project in years? * Round off to 2 decimal places. Sample format: 1.11 NUBD Co. plans to invest in a duplicating machine that costs P120,000. The following are the expected annual cash inflows that are evenly received each month and the estimated salvage value at any point of each year. Cash inflows P40,000 36,000 32,000 28,000 25,000 Salvage value P50,000 40,000 27,000 20,000 5,000 Year 1 4 2345

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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What is the bail-out period for this project in years? *
Round off to 2 decimal places. Sample format: 1.11
NUBD Co. plans to invest in a duplicating machine that costs P120,000. The following
are the expected annual cash inflows that are evenly received each month and the
estimated salvage value at any point of each year.
Cash inflows
P40,000
36,000
32,000
28,000
25,000
Year
1
Salvage value
P50,000
40,000
27,000
20,000
5,000
45
Transcribed Image Text:What is the bail-out period for this project in years? * Round off to 2 decimal places. Sample format: 1.11 NUBD Co. plans to invest in a duplicating machine that costs P120,000. The following are the expected annual cash inflows that are evenly received each month and the estimated salvage value at any point of each year. Cash inflows P40,000 36,000 32,000 28,000 25,000 Year 1 Salvage value P50,000 40,000 27,000 20,000 5,000 45
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