Proposals a and B Each Cost $600,000 and Have 5-Year

question 39

Short Answer

Proposals A and B each cost $600,000 and have 5-year lives.   Proposal A is expected to provide equal annual net cash flows of $159,000, while the net cash flows for Proposal B are as follows:
Determine the cash payback period for each proposal. Round answers to two decimal places.

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Definitions:

Zheng He

A Chinese mariner, explorer, diplomat, and fleet admiral who commanded expeditionary voyages to Southeast Asia, South Asia, Western Asia, and East Africa from 1405 to 1433.

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The state of being free or at liberty rather than in confinement or under physical restraint, often associated with the rights and autonomy of individuals.

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The social structure, cultures, and institutions of India, encompassing diverse religions, languages, and practices across the country.