a pharmacy bought a $28,000 delivery truck.

A pharmacy bought a $28,000 delivery truck. Delivering prescriptions will increase annual gr revenues by $32,000 with a cost of $25,000 per year. What is the payback period of the investment? 24 16. A company invested in a machine that cost $30,000 and has a useful life of five years with no salvage value at the end of its useful life. The machine will be depreciated on a straight-line basis. The machine will increase revenues by $29,000 per year and creates an additional $21,000 in costs per year which does not include depreciation. What is the simple rate of return on the machine? 100 17