Question: Please show all work. 8. 67) Alicia is considering adding toys to her gift shop. She estimates the cost of new inventory will be $9.500

Please show all work. 8. 67) Alicia is considering adding toys

Please show all work.

8. 67) Alicia is considering adding toys to her gift shop. She estimates the cost of new inventory will be $9.500 and remodeling expenses will be $850. Toy sales are expected to produce net cash inflows of $1,300, $4,900, $4,400, and $4,100 over the next four years, respectively. Should Alicia add toys to her store if she assigns a 3-year payback period to this project? Why or why not? A) No; The payback period is 3.94 years. B) No: The payback period is 2.94 years. C) Yes: The payback period is 3.94 years. D) Yes The payback period is 3.09 years B) Yes; The payback period is 2.94 years

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