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Home / Questions / It will cost $2,900 to acquire a small ice cream cart. Cartsales are expected to be $2,100

It will cost $2,900 to acquire a small ice cream cart. Cartsales are expected to be $2,100

It will cost $2,900 to acquire a small ice cream cart. Cartsales are expected to be $2,100 a year for three years. After thethree years, the cart is expected to be worthless as that is theexpected remaining life of the cooling system. What is the paybackperiod of the ice cream cart?

2.17 years

1.38 years

4.14 years

0.72 years

0.46 years

Dec 04 2019 View more View Less

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