Question
Jimmy's Tacos is considering investing $35,000 in a new 'pop-up' shop beside a popular Melbourne park.Jimmy estimates the net cash inflow will increase by $14,000
Jimmy's Tacos is considering investing $35,000 in a new 'pop-up' shop beside a popular Melbourne park.Jimmy estimates the net cash inflow will increase by $14,000 each year for the next 5 years. The payback period for the new taco shop is:
a.2 years.
b.2.5 years.
c.3 years.
d.3.5 years.
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International Accounting
Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera
5th edition
1259747980, 9781259747984, 1260466531, 978-1260466539
