What is the payback period of the ice cream cart

Reference no: EM13288543

It will cost $2,500 to acquire a small ice cream cart. Cart sales are expected to be $1,800 a year for three years. After the three 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: EM13288543

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