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:
A) 3.0 years
B) 3.5 years
C) 4.0 years
D) 4.5 years

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:
A) 3.0 years 
B) 3.5 years 
C) 4.0 years 
D) 4.5 years

Quizplus · Accepted Answer

The Answer of 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:
A) 3.0 years 
B) 3.5 years 
C) 4.0 years 
D) 4.5 years

The Zingstad Corporation Is Considering an Investment with the Following