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Metlock Company is considering the purchase of a machine with an estimated useful life of 5 years with the following data: Initial cost $130000 One-time
Metlock Company is considering the purchase of a machine with an estimated useful life of 5 years with the following data: Initial cost $130000 One-time training cost 16800 Annual maintenance costs 13000 Annual cost savings 65000 Salvage value 16900 The cash payback period is
A.) 2.50 years.
B) 2.69 years.
C) 2.30 years.
D) 2.82 years.
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