You are a real estate agent thinking of placing a sign advertising your services at a...

Question

Question

You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $5,0

business finance

Answer 1

Answer #1

payback period = investment cost/cash flow per period

= 5000/500

= 10 months

Hence the answer is 10 months

Answer 2

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