Evaluate the payback period for the project

Reference no: EM131997289

Question: McKenna Sports Authority is getting ready to produce a new line of gold clubs by investing $1.85 million. the investment will result in additional cash flows of $525,000, $812, 500, and $1, 215,000 over the next three years. What is the payback period for this project? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131997289

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