Question: Jack is considering adding toys to his general store. He estimates the cost of toy inventory will be $ 4 , 2 0 0 .
Jack is considering adding toys to his general store. He estimates the cost of toy inventory will be $ The remodeling and shelving costs are estimated at $ Toy sales are expected to produce net annual cash inflows of $ $$ and $ over the next four years, respectively. Should Jack add toys to his merchandise if he requires a threeyear payback period? Why or why not?
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