and zero residual value. The two products have different patterns of predicted net cash inflows:

$($Click the icon to view the data.$)$

Does this investment pass Playtime's payback period screening rule?

Calculate the toy action figure project's payback period.

First enter the formula, then calculate the payback period. $($Enter amounts in dollars, not millions. Round your ans

Initial investment

Data table

Playtime will consider making capital investments only if the payback peric

less than $3\mathrm{.}5$ years and the ARR exceeds $8\%.$