Question
The Galvin Company has decided to invest in a project that is expected to produce the following cash flows: $6,000 in year 1, $8,000 in
The Galvin Company has decided to invest in a project that is expected to produce the following cash flows: $6,000 in year 1, $8,000 in year 2 and $4,000 in year 3. The project would require a $14,500 investment. What is the cash payback period of the project?
__ years
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Basic Food And Beverage Cost Control
Authors: Jack E. Miller, David K. Hayes
1st Edition
0471579181, 978-0471579182
