question archive Question 13 Not yet answered Marked out of 1
Question 13 Not yet answered Marked out of 1
Subject:AccountingPrice: Bought3
Question 13 Not yet answered Marked out of 1.00 Flag question Patel Ltd is considering opening a new store. The expected purchase price is £270,000, expected annual revenues are £150,000, and expected annual costs are £90,000, including £22,500 of depreciation. The store has a payback period of approximately: Select one: O a. 1.8 years ob. 3.3 years O c. 3.0 years O d. 4.5 years
