Question: Kingston, Inc. has evaluated a project that will cost the company $250,000. The project will provide the following cash year project 1 $ 80,750 2
Kingston, Inc. has evaluated a project that will cost the company $250,000. The project will provide the following cash
| year | project |
| 1 | $ 80,750 |
| 2 | $ 93,450 |
| 3 | $ 40,235 |
| 4 | $ 145,655 |
will the project be chosen if the company's payback criterion is three years
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