What is the payback period of the ice cream cart

Reference no: EM13267118

It will cost $3,200 to acquire a small ice cream cart. Cart sales are expected to be $2,400 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?

0.33 years
3.00 years
1.33 years
5.33 years
0.75 years

Reference no: EM13267118

Questions Cloud

What is probability that arriving customer will wait in line : A small post office has two open windows. Customers arrive according to a Poisson distribution at the rate of 1 every 3 minutes. However, only 80% of them seek service at the windows. The service time per customer is expoenential, with a mean of 5 mi..

Explain what is the final temperature of the system : Given that the specific heat capacities of Fe(S) and water are 0.450 J/g? and 4.184 J/g?, respectively, what is the final temperature of the system

Mexico: revolution and stability : Art and its place within the Twentieth Century: Europe, North America and Mexico - Mexico: Revolution and Stability

Find the magnitude of the total force on the port : An evacuated spherical diving bell containing a camera is in the ocean at a depth of 143m. It has a flat, transparent, Find the magnitude of the total force on the port

What is the payback period of the ice cream cart : Cart sales are expected to be $2,400 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?

What happens to the present value factor : What happens to the present value factor as our discount rate or interest rate increases for a given time period?

Determine the total angular momentum of the system : A horizontal circular platform rotates counterclockwise about its axis at the rate of 0.869 rad/s. You, with a mass of 68.3 kg, Calculate the total angular momentum of the system

Explain a flask contains a small amount of liquid : A flask contains a small amount of liquid at 25oC. The vapor pressure of the liquid in the flask is 109 torr. If the volume of the flask were to double

Sulfa drugs affect which kind of pathway : Sulfa drugs affect which kind of pathway? When grown in penicillin, staphlococcus will; An example of antibiotic that blocks microbial membrane is;

User Account

All Pages