Question
company is considering the purchase of some labor saving equipment .the equipment is expected to result in labor cost saving of 20,000 per year for
company is considering the purchase of some labor saving equipment .the equipment is expected to result in labor cost saving of 20,000 per year for the expected five years life of the equipment .the cost of the equipment is 80,000 and the desired rate of return is 6% .Is this Investment desirable? explain
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Accounting Texts and Cases
Authors: Robert Anthony, David Hawkins, Kenneth Merchant
13th edition
1259097129, 978-0073379593, 007337959X, 978-1259097126
