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Reed's Flower Shop is seeking to purchase new refrigeration equipment. a) Calculate each of the payback period's for the following, b) Suggest and explain the
Reed's Flower Shop is seeking to purchase new refrigeration equipment. a) Calculate each of the payback period's for the following, b) Suggest and explain the best option; Investment Option A: $3800 dollar investment Annual cash flows due to increased inventory $1100 Investment Option B: $4900 dollar investment Annual cash flows due to increase inventory Year 1, $1250 Year 2: $1400 Year 3: $1850 Year 4: $1100
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