The Product Design Costs Are $75,000

Multiple Choice

The product design costs are $75,000. The following table shows the projected cash in-flows. Assume a 4-year lifespan.

-For the project, how long will it take to recover the initial investments?

A) Less than one year
B) Between one year and two years
C) Between two years and three years
D) Between three years and four years
E) More than four years