Question
The manager of your coffee shop wants to buy a new espresso machine which will cost $11,000. The new press will let you produce fancier
The manager of your coffee shop wants to buy a new espresso machine which will cost $11,000. The new press will let you produce fancier lattes that will generate an extra $4,000 in the first year and $2,000 in all subsequent years. (The numbers above are after tax and depreciation.)
What is the payback period on the new machine?
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Financial Management Core Concepts
Authors: Raymond M Brooks
2nd edition
132671034, 978-0132671033
