Payback: Quebec, Inc., is purchasing machinery at a cost of $3,768,966. The company expects, as a result, cash?
Payback: Quebec, Inc., is purchasing machinery at a cost of $3,768,966. The company expects, as a result, cash flows of $979,225, $1,158,886, and $1,881,497 over the next three years. What is the payback period?
