Dragonfly,Inc

question 40

Multiple Choice

Dragonfly,Inc.is evaluating two possible investments in depreciable plant assets.The company uses the straight-line method of depreciation.The following information is available:

Calculate the payback period for Investment A.(Round your answer to two decimal places. )

• A)2)22 years
• B)2)89 years
• C)1)00 year
• D)3)61 years

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