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QUESTION 11 Kingston, Inc. has evaluated a project that will cost the company $250,000. The project will provide the following cash flow Project Year $80,750
QUESTION 11
Kingston, Inc. has evaluated a project that will cost the company $250,000. The project will provide the following cash flow
| Project | Year |
| $80,750 | 1 |
| 93,450 | 2 |
| 40,235 | 3 |
| 145, 655 | 4 |
Will the project be chosen if the companys payback criterion is three years
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