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It Will Cost $28,900 to Acquire a Small Ice Cream

Question 54

Multiple Choice

It will cost $28,900 to acquire a small ice cream cart.Cart sales are expected to be $10,500 a year for 3 years.After the 3 years,the cart is expected to be worthless.What is the payback period?


A) 2) 68 years
B) 2) 07 years
C) 2) 75 years
D) 2) 46 years
E) Never

Correct Answer:

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