Compute the payback period for a project with the following cash flows, if the company's discount rate is 12%. Initial outlay $450 Cash Flows: Year 1 = $325 Year 2 = $65 Year 3 = $100 26 years 3.43 years 317 years 2.88 years Question 23 Nick Riviera Inc. is the maker of the Juice Loosener and Son & Run. During the past year the company's sales were $3. million. The cost of its merchandise sold came a million and cash operating expenses were $394.000 depreciati expense was $100.000, and the fire paid som interest on bachios. Also the corporabe received $48.00 dividend Question 23 Nick Riviera Inc. is the maker of the Juice Loosener and Sun & Run. During the past year the company's sales were $3.4 million. The cost of its merchandise sold came to $1.7 million, and cash operating expenses were $394,000, depreciation expense was $108,000, and the firm paid $152,000 in interest on its back loans. Also, the corporation received $48,000 in dividend income but paid $30,000 in the form of dividends to its own common stockholders. Calculate the corporation's gross profits. $1.046,000 $1,198.000 $1,700,000 $1.306.000 $1,016,000 Question 24 1 pts The world's most perfect food is: Dr. Podpor this is the correct