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