You are planning to invest $4,000 in new equipment. The investment will generate cost savings of $6,000 a year for two years, after that the salvage value is zero. The cost of capital is 25% a year. Compute the payback period. Group of answer choices not enough information 4 years 2.5 years 1.5 years 0.667 years

The following information relates to the pina company. date ending inventory price (end-of-year prices) index december 31, 2013 $73,700 100 december 31, 2014 100,092 114 december 31, 2015 107,856 126 december 31, 2016 123,009 131 december 31, 2017 113,288 136 use the dollar-value lifo method to compute the ending inventory for pina company for 2013 through 2017.