Business
Business, 18.08.2019 03:10, mazolethrin9632

Acompany with $500,000 in operating assets is considering the purchase of a machine that costs $60,000 and which is expected to reduce operating costs by $15,000 each year. these reductions in cost occur evenly throughout the year. the payback period for this machine in years is closest to (ignore income taxes.):

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Acompany with $500,000 in operating assets is considering the purchase of a machine that costs $60,0...

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