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A florist is buying a number of motorcycles to expand its delivery service. These will cost $78,000 but are expected to increase profits by
A florist is buying a number of motorcycles to expand its delivery service. These will cost $78,000 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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To calculate the payback period in this case we need to determine the time it takes for the total cu...
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Quantitative Methods For Business
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
11th Edition
978-0324651812, 324651813, 978-0324651751
