It will cost $2,600 to acquire a small ice cream cart. Cart sales are expected to be
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It will cost $2,600 to acquire a small ice cream cart. Cart sales are expected to be $1,400 a year for three years. After the three years, the cart is expected to be worthless as that is the expected remaining life of the cooling system. What is the payback period of the ice cream cart?
Related Book For
Business Statistics Communicating with Numbers
ISBN: 978-1259957611
3rd edition
Authors: Sanjiv Jaggia
Posted Date: