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Question 41 (2.5 points) China Importers would like to spend $215,000 to expand its warehouse. However, the company has a loan outstanding that must be

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Question 41 (2.5 points) China Importers would like to spend $215,000 to expand its warehouse. However, the company has a loan outstanding that must be repaid in 2.5 years and thus will need the $215,000 at that time. The warehouse expansion project is expected to increase the cash inflows by $93,200 in the first year, $140,000 in the second year, and $150,000 a year for the following 2 years. Should the firm expand at this time? Why or why not? Yes: because the money will be recovered in 2.10 years Yes, because the money will be recovered in 1.87 years Yes; because the money will be recovered in 1.69 years No; because the money will not be recovered in time to repay the loan

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