Accounting

Question 13 https://mybusinesscourse.com/ereader/12266 Click to open: The Zingstad Corporation is considering an investment with the following data (Ignore income taxes.): Year 1 Year 2 Year 3 Year 4 Year 5 Investment $ 32,000 $12,000 Cash inflow $ 8,000 $ 8,000 $ 20,000 $ 16,000 $ 16,000 Cash inflows occur evenly throughout the year. The payback period for this investment is: 4.0 years 4.5 years 3.0 years 3.5 years Previous