Marco Company is considering buying a new printing press. The printing press costs $100,000 and will be depreciated (straight-line) over 5 years with no salvage value. The net cash inflows generated by the printing press are expected to be $30,000 each year for 5 years. Using this information, compute the payback period for the printing press. O 3 6.7 year payback O 5.0 year payback O 10.0 year payback O 3.3 year payback

Marco Company is consldering buying a new printing press. The printing press costs $100,000 and will be depreclated (straight-line) over 5 years with no salvage value. The net cash inflows generated by the printing press are expected to be $30,000 each year for 5 years, Using this information, conpute the payback period for the printing press. 6.7 year Allyback 5.0 year payback 10.0 year payback 3.3 year payback