Question: Question 1 Part B: You want to develop a new product and you want to make your money back as quickly as possible. There are
Question 1 Part B: You want to develop a new product and you want to make your money back as quickly as possible. There are four potential products that you can invest in.
| Project A | Project B | Project C | Project D |
Initial Cost | $90,000 | $60,000 | $87,500 | $75,000 |
Annual Revenues | $18,500 | $14,000 | $17,000 | $9,000 |
Length of Ownership | 5 | 4 | 5 | 10 |
Question 1 Part B: Provide the conventional payback period for Project A. Enter your answer in the form: 1.23
Question 1 Part D: Provide the conventional payback period for Project C. Enter your answer in the form: 1.23
Question 1 Part E: Provide the conventional payback period for Project D. Enter your answer in the form: 1.23
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