Multiple Choice
Baxter's Market is considering opening a new location with an initial cost of $139,200.This location is expected to generate cash flows of $22,400,$61,500,$37,800,and $21,000 in Years 1 to 4,respectively.What is the payback period?
A) 3) 92 years
B) 3) 83 years
C) 2) 46 years
D) 2) 57 years
E) 3) 01 years
Correct Answer:
Verified
Correct Answer:
Verified
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