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You are going to launch a food truck business. What is the payback period based on these projected cash flows? Today: -$60,000 (negative cash outflow)
You are going to launch a food truck business. What is the payback period based on these projected cash flows? Today: -$60,000 (negative cash outflow) Year 1: $0 (zero cash) Year 2: $20,000 (positive cash inflow) Year 3: $30,000 (positive cash inflow) Year 4: $40,000 (positive cash inflow) A. 4.25 years B. 3.75 years C. 3.25 years D. 2.5 years
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