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Business, 06.12.2019 00:31 Yeetious

Olinick corporation is considering a project that would require an investment of $379,000 and would last for 8 years. the incremental annual revenues and expenses generated by the project during those 8 years would be as follows (ignore income taxes.): sales $240,000 variable expenses 27,000 contribution margin 213,000 fixed expenses: salaries 45,000 rents 58,000 depreciation 53,000 total fixed expenses 156,000 net operating income $57,000 the scrap value of the project's assets at the end of the project would be $35,000. the cash inflows occur evenly throughout the year. the payback period of the project is closest to: . 6.6 yearsb. 3.4 yearsc. 4.6 yearsd. 3.3 years

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