Business
Business, 06.05.2021 22:30, shelseamorrrow2411

Faster Manufacturing Company is evaluating a capital project that requires an initial investment of $283,000. Managers estimate that for the next 12 years, the project will result in a $200,000 increase in annual cash inflows and a $150,000 increase in annual cash outflows. There will be no residual value. What are the payback period and the internal rate of return for this project

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