(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

11ea7998_5c37_01a4_911b_ab8aa5329a8a_TB2627_00_TB2627_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