What is the payback period of the ice cream cart

Reference no: EM13892750

It will cost $3,300 to acquire a small ice cream cart. Cart sales are expected to be $2,500 a year for four years. After the four years, the cart is expected to be worthless as that is the expected remaining life of the cooling system. What is the payback period of the ice cream cart?

Reference no: EM13892750

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