Question #1 You are considering an investment in a food truck. The...
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Accounting
Question #1
| You are considering an investment in a food truck. The food truck owner has provided you | |||||||
| with the following cash flows to help you make your decision: | |||||||
| Investment | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | ||
| Cash Flow | ($20,000) | $5,000 | $5,000 | $6,000 | $3,000 | $5,000 | |
| What is the payback period? | |||||||
| Are you comfortable with this length of time? | |||||||
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