J&J Manufacturing Is Considering a Project with the Following Cash $\begin{array}{ll}\text { Year } & \text { CF } \\0 & (100,000) \\1 & 40,000 \\2 & 50,000 \\3 & 50,000\end{array}$

question 54

Multiple Choice

J&J Manufacturing is considering a project with the following cash flows. Calculate the payback period of the project. $\begin{array}{ll}\text { Year } & \text { CF } \\0 & (100,000) \\1 & 40,000 \\2 & 50,000 \\3 & 50,000\end{array}$

• A) 1.2 years
• B) 2.2 years
• C) 3.2 years
• D) 4.2 years

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