You invest $300,000 for new equipment at a manufacturing facility. The equipment is expected to produce $125,000
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You invest $300,000 for new equipment at a manufacturing facility. The equipment is expected to produce $125,000 per year in revenue. The expenses for operating the equipment are $45,000/year. There is no salvage value for the equipment. MARR is 15%. How long will it take to break even on the investment?
Related Book For
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
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