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Business, 21.12.2019 05:31 georgesk872
Olinick corporation is considering a project that would require an investment of $343,000 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 $227,000 variable expenses 52,000 contribution margin 175,000 fixed expenses: salaries 27,000 rents 41,000 depreciation 40,000 total fixed expenses 108,000 net operating income 67,000 the scrap value of the project's assets at the end of the project would be $23,000. the cash inflows occur evenly throughout the year. the payback period of the project is closest to: multiple choice a. 3.0 years b. 5.1 years c. 3.2 years d. 4.8 years
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Olinick corporation is considering a project that would require an investment of $343,000 and would...
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