Business
Business, 24.04.2020 20:29, zarzuba

Lazar Corporation is evaluating a proposal to invest in a machine costing $89,000. The machine has an estimated useful life of ten years, and an estimated salvage value of $14,000. The machine will increase the company's net income by approximately $9,600 per year. All revenue and expenses other than depreciation will be received and pain in cash. The payback period of the machine is approximately: a) 4 years b) 8 years c) 5 years d) 10yearsThe expected rate of return on average investment of the machine is: a)10% b)17% c)18.6% d) 48%

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Lazar Corporation is evaluating a proposal to invest in a machine costing $89,000. The machine has a...

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