The Zingstad Corporation is considering an investment with the following data (Ignore income taxes.): Cash inflows occur evenly throughout the year. The payback period for this investment is:

Question

The Zingstad Corporation is considering an investment with the following data (Ignore income taxes.):  Cash inflows occur evenly throughout the year. The payback period for this investment is:

Quizplus · Accepted Answer

11eacbfc_c615_191d_8ffe_6f1734ad5b77_TB7552_00 The final $8,000 would be recovered about midway through the 4th year, for a payback period of 3.5 years.

The Zingstad Corporation Is Considering an Investment with the Following