Question
TB MC Qu. 24-83 (Algo) A company is considering purchasing a machine... A company is considering purchasing a machine for $18,400. The machine will generate
TB MC Qu. 24-83 (Algo) A company is considering purchasing a machine... A company is considering purchasing a machine for $18,400. The machine will generate income of $2,700 per year. Annual depreciation expense would be $1,300. What is the payback period for the new machine?
Multiple Choice
13.1 years.
6.8 years.
2.6 years.
4.6 years.
14.2 years.
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Cost Management Accounting And Control
Authors: Don R. Hansen, Maryanne M. Mowen
4th Edition
0324069731, 978-0324069730
