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(Ignore income taxes in this problem.) The Zinger Corporation is considering an investment that has the following data: Cash inflows occur evenly throughout the year.
(Ignore income taxes in this problem.) The Zinger Corporation is considering an investment that has the following data: |
Cash inflows occur evenly throughout the year. The payback period for this investment is: (Round your answer to 1 decimal place) |
3.8 years
3 years
4.8 years
4 years
(Ignore income taxes in this problem. The Zinger Corporation is considering an investment that has the following data: Year 2 Year 3 Year 4 Year 5 $8.500 $3.100 Investment Cash inflow $2.100 $2.100 $4,000 $4.100 $4.100 Cash inflows occur evenly throughout the year. The payback period for this investment is: (Round your answer to 1 decimal place) O 3.8 years O 3 years O 4.8 years O 4 years
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