Question
You are considering the purchase of a Ben & Jerrys booth. This booth will cost $9,000. Sales are expected to be $3,600 per year for
You are considering the purchase of a Ben & Jerrys booth. This booth will cost $9,000. Sales are expected to be $3,600 per year for the next 3 years. After the three years, the value is expected to be zero. What is the payback period?
Select one:
a. 1.48
b. 1.67
c. 1.91
d. 2.0
e. 2.5
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Money Talks Black Finance Experts Talk To You About Money
Authors: Fairley, Juliette
1st Edition
0471245828, 9780471245827
