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Question 13 Not yet answered Marked out of 1.00 Flag question Patel Ltd is considering opening a new store. The expected purchase price is 270,000,

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Question 13 Not yet answered Marked out of 1.00 Flag question Patel Ltd is considering opening a new store. The expected purchase price is 270,000, expected annual revenues are 150,000, and expected annual costs are 90,000, including 22,500 of depreciation. The store has a payback period of approximately: Select one: O a. 1.8 years ob. 3.3 years O c. 3.0 years O d. 4.5 years

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