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A startup company will require capital investment of $350,000 in 2019 and another $340,000 in 2020. Revenue in 2019 is estimated to be $50,000
A startup company will require capital investment of $350,000 in 2019 and another $340,000 in 2020. Revenue in 2019 is estimated to be $50,000 and $60,000 in 2020. After 2020, the revenue is expected to be $175,000 per year for a total of four years. After four years, the firm will be sold for $1,000,000. What is the simple payback period for this business venture? Draw a cash-flow diagram
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Economics Principles and Policy
Authors: William J. Baumol, Alan S. Blinder
12th edition
978-0538453677, 538453672, 978-0538453622, 538453621, 978-0538453653
