Question 10 of 20 Linkin Corporation is considering purchasing a new delivery truck T not the least of which is that it runs The

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Question 10 of 20 Linkin Corporation is considering purchasing a new delivery truck T not the least of which is that it runs The new truck would cost 57 costs and increased fuel economy the new truck is expected to gene will sell the truck for an estimated 28 100 Traditionally the compar unless it has a payback period that is less than 50 of the asset s est that the company should not rely solely on the payback approach bu evaluating new projects The company s cost of capital is 8 a Click here to view the factor table Compute the cash payback period and net present value of the prop negative sign preceding the number eg 45 or parentheses eg 45 Round for Payback period to 1 decimal place e g 10 5 For calculation purposes

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