PP Company plans to acquire a computer costing P20,000 with a salvage value of P8,000 at the end of its 3-year life. Annual cash savings before taxes are P10,000. Income taxes are 40% each year. What is the payback reciprocal?<\/p>
<\/p>
3.80%<\/p>
<\/p>
38%<\/p>
<\/p>
32%<\/p>
<\/p>
2.60%<\/p>", "transcribed_text": "", "related_book": { "title": "Income Tax Fundamentals 2013", "isbn": "1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516", "edition": "31st Edition", "authors": "Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1124.jpg", "uri": "\/textbooks\/income-tax-fundamentals-2013-31st-edition-9781285586618", "see_more_uri": "" }, "free_related_book": { "isbn": "081518395X", "uri": "\/textbooks\/mosbys-otc-drugs-an-over-the-counter-drug-resource-for-health-professionals-1st-edition-978-0815183952-264942", "name": "Mosbys Otc Drugs An Over The Counter Drug Resource For Health Professionals", "edition": "1st Edition" }, "question_posted": "2024-06-28 04:42:48", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/journalizing-purchase-and-sales-transactions-journalize-the-following-transactions-for", "description": "Journalizing purchase and sales transactions Journalize the following transactions for Soul Art Gift Shop. 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