It will cost $9,108 to acquire an ice cream cart that is expected to produce cash inflows of $3,137 a year for five years. After
It will cost $9,108 to acquire an ice cream cart that is expected to produce cash inflows of $3,137 a year for five years. After five years, the cart is expected to be worthless. What is the payback period? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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Authors: George H. Pink, Paula H. Song
7th Edition
1640553177, 978-1640553170
