It will cost $9,600 to acquire an ice cream cart that is expected to produce cash inflows of $3,600 a year for three years. After the three years,...
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It will cost $9,600 to acquire an ice cream cart that is expected to produce cash inflows of $3,600 a year for

three years. After the three years, the cart is expected to be worthless. What is the payback period?

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The payback period is the time units to the... View the full answer

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