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

Question

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

Quizplus · Accepted Answer

11ea7761_15b3_8144_81a5_6dbcd7794a3f_TB2580_00 The final $8,000 would be recovered about midway through the 4^th year, for a payback period of 3.5 years.

(Ignore Income Taxes in This Problem