Question: Roger is considering adding toys to his general store. He estimates that the cost of inventory will be $6,400. The remodeling expenses and shelving costs

 Roger is considering adding toys to his general store. He estimates

Roger is considering adding toys to his general store. He estimates that the cost of inventory will be $6,400. The remodeling expenses and shelving costs are estimated at $2,100. Toy sales are expected to produce net cash inflows of $1,400, $2,300, $3,100, and $2,000 over the next four years, respectively. Should Roger add toys to his store if he assigns a three-year payback period to this project? Why or why not? O No; The payback period is 3.55 years. Yes; The payback period is 3.13 years. Yes; The payback period is 2.55 years. Yes; The payback period is 2.87 years. No; The payback period is 3.85 years

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