X Company must purchase a new delivery truck and is using the payback method to...
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X Company must purchase a new delivery truck and is using the payback method to evaluate two possible trucks. Tuck X costs $3,000 Truck cost $54,000. The water the food is even years, with the following estimated operating cash flow Year Truck Truck 1 4-6,000 3-7,000 2 -3,000 -4,000 3 -8,000 3,000 4 -8,000 -3,000 5 -6,000 -3,000 -5,000 -2,000 -4,000 -2,000 ir X Company chooses Truck instead of Truck X, what is the payback period (in years)
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