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Nike has hired an external consultant like Crowe to provide a solution to their warehousing problem now that they sell so much in Nike.com. The
Nike has hired an external consultant like Crowe to provide a solution to their warehousing problem now that they sell so much in Nike.com. The project will cost the company $3,600,000 now, require $350,000 in support in year 1, and $220,000 in year 2. The company expects a benefit of $400,000 in year 1 increasing by 6% per year for the foreseeable future. What is the Simple Payback Period for this project? 6-7 o 7-8 8-9 4-5 5-6
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