Question: Jack is considering adding toys to his gencral store. He estimates the cost of toy inventory will be $3,000. The remodetine and shelving couts are
Jack is considering adding toys to his gencral store. He estimates the cost of toy inventory will be $3,000. The remodetine and shelving couts are estimated at $1,500. Toy sales are expected to produce net annual cash inflow! of $1,500,$1,500,$2,000, and $2,500 over the next four years, respectively. Should Jack add toys to his merehandise if he requires a three-year payback period? Why or why non? Edit Table
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