Business, 17.12.2021 01:30, kichensides
Palmer Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net income after tax of $102,000. The equipment will have an initial cost of $405,000 and have a 12 year life. If the salvage value of the equipment is estimated to be $78,000, what is the payback period
Answers: 3
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Palmer Corp. is considering the purchase of a new piece of equipment. The cost savings from the equi...
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