The manager of your coffee shop wants to buy a new espresso machine which will cost $11,000.
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Question:
The manager of your coffee shop wants to buy a new espresso machine which will cost $11,000. The new press will let you produce fancier lattes that will generate an extra $4,000 in the first year and $2,000 in all subsequent years. (The numbers above are after tax and depreciation.)
What is the payback period on the new machine?
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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