(Choose 1 answer)
(20758) Payback: Creighton, Inc., has invested $2,165,800 on equipment. The firm uses criteria of not accepting any project that takes more than four years to recover costs. The cor anticipates cash flows of $424,386, $512,178, $561,755, $764,997, $816,500, and $825,375years. What is the payback period, and does this investment meet the firm's payback criteria
A. 4.13 years; no
B. 4.13 years; yes
C. 3.87 years, yes
D. 3.87 years; no
Exit 22
