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Main Menu Contents Grades Evaluate Timer Notes Course Contents >> EXAM 2 >> Question 9 Feedback Print Company must purchase a new delivery truck and
Main Menu Contents Grades Evaluate Timer Notes Course Contents >> EXAM 2 >> Question 9 Feedback Print Company must purchase a new delivery truck and is using the payback method to evaluate two possible trucks. Truck X costs $32,000; Truck Y costs $35,000. The useful life of both is seven years, with the ollowing estimated operating cash flows: Truck X $-6,000 -8,000 -8,000 Year 1 2 3 4 5 6 7 Truck Y $-7,000 -4,000 -3,000 -3,000 -3,000 -2,000 -2,000 -8,000 -6,000 -5,000 -4,000 FX Company chooses Truck Y instead of Truck X, what is the payback period (in years)? OA: OB: 3 OC: 4 OD: 5 OE: 6 OF: Submit Answer Answer Submitted: Your final submission will be graded after the due date. Tries 1/99 Previous Tries
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