Payback period Question
you are the project manager at Day-old Donuts, rapidly growing franchise selling premium donuts at a discount. Currently your company on opening additional stores through the United States. your primary market includes densely- populated, major metropolitan cities. Your company is evaluating different cities for expansion, including new your San Francisco, Los Angeles.
Based on the following data which project should be recommended?
Project New York- initial cost of $250,000. First year cash flow- $50,000. $25,000 cash flow per quarter after.
