Question
You are evaluating Machines A and B to determine which one to buy.Find their payback periods, and then use them as the basis for choosing
You are evaluating Machines A and B to determine which one to buy.Find their payback periods, and then use them as the basis for choosing a machine.Which one should you buy?Justify your answer
Years A B
0 -1,750,000 -1,025,000
1 625,000 325,000
2 425,000 225,000
3 500,000 125,000
4 200,000 125,000
5 325,000 225,000
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Entrepreneurial Finance
Authors: Chris LeachJ LeachRonald Melicher
3rd Edition
0324561253, 9780324561258
