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Home / Questions / It will cost $2,500 to acquire an ice cream cart. Cart sales are expected to be $1,700 a y

It will cost $2,500 to acquire an ice cream cart. Cart sales are expected to be $1,700 a y

It will cost $2,500 to acquire an ice cream cart. Cart sales are expected to be $1,700 a year for three years. After the three years, the cart is expected to be worthless as the expected life of the refrigeration unit is only three years. What is the payback period? O 132 years O 2.32 years O 47 years O 1.47 years 2.47 years

Dec 04 2019 View more View Less

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