Jill's Pizzeria is considering updating replacing its pizza ovens. Jill is evaluating 2 proposals from...
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Jill's Pizzeria is considering updating replacing its pizza ovens. Jill is evaluating 2 proposals from her supplier, both of which costs $12,000. Due to faster baking times, Jill estimates improvements in operating income as follows: Year Oven A Oven B 1 1 $6,000 $7,000 2 $3,000 $2,000 3 $4,000 $5,000 Using only payback period method, which oven should Jill invest in? O Not enough data to answer O Oven B o Either one; their payback periods are equal 0 Oven A
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