Question: Question 19 The Biden and Harris company is considering adding toys to their gift shop. They estimate the cost of new inventory will be $9,000

 Question 19 The Biden and Harris company is considering adding toys

Question 19 The Biden and Harris company is considering adding toys to their gift shop. They estimate the cost of new inventory will be $9,000 and remodeling expenses will be $1,000. 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? O Yes; The payback period is 3.94 years. No; The payback period is 3.09 years. O No; The payback period is 2.86 years. Yes; The payback period is 3.09 years. O Yes; The payback period is 2.86 years

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