Question
A florist is buying a number of motorcycles to expand its delivery service. These will cost $87,000 but are expected to increase profits by $3000
A florist is buying a number of motorcycles to expand its delivery service. These will cost $87,000 but are expected to increase profits by $3000 per month over the next four years. What is the payback period in this case
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Essentials Of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
12th Edition
0030258723, 9780030258725
