Suppose you are considering investing $100,000 in a restaurant. The annual net cash inflows over 4 years
Question:
Suppose you are considering investing $100,000 in a restaurant. The annual net cash inflows over 4 years are $10,000, $30,000, $40,000, and $60,000 respectively.
Required:
Calculate the payback period for the investment.
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Related Book For
Financial Management For The Hospitality Industry
ISBN: 9780131179097
1st Edition
Authors: William P Andrew, James W Damitio
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