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Buy - Rite Pharmacy has purchased a small auto for delivering prescriptions. The auto was purchased for $ 9 , 0 0 0 and will
BuyRite Pharmacy has purchased a small auto for delivering prescriptions. The auto was purchased for $ and will have a sixyear useful life and a $ salvage value. Delivering prescriptions which the pharmacy has never done before should increase gross revenues by at least $ per year. The cost of these prescriptions to the pharmacy will be about $ per year. The pharmacy depreciates all assets using the straightline method. What is the payback period for the auto? Ignore income taxes in this problem.
a years.
b years.
c years.
d years.
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