Question
A florist is buying a number of motorcycles to expand its delivery service. These will cost $136,184 but are expected to increase profits by $8,740
A florist is buying a number of motorcycles to expand its delivery service. These will cost $136,184 but are expected to increase profits by $8,740 per month for the foreseeable future. What is the payback period in months rounded to the nearest integer?
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Financial Sector Reform And Privatization In Transition Economies
Authors: John Doukas, Victor Murinde, Clas Wihlborg
1st Edition
044482653X, 9780444826534
