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Splish Company is considering the purchase of a new machine. The invoice price of the machine is $74,100, freight charges are estimated to be
Splish Company is considering the purchase of a new machine. The invoice price of the machine is $74,100, freight charges are estimated to be $4,940, and installation costs are expected to be $5,720. The annual cost savings are expected to be $26,000 for 10 years. Calculate the cash payback period. (Round answer to 2 decimal places, e.g. 15.25.) Cash payback period years
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Principles Of Cost Accounting
Authors: Edward J. Vanderbeck
15th Edition
978-0840037039, 0840037031
