Mathematics, 25.04.2020 18:33, emma8292

A company with $600,000 in operating assets is considering the purchase of a machine that costs $72,000 and that's expected to reduce operating costs by $18,000 each year. These reductions in cost occur evenly throughout the year. The payback period for this machine is closest to years.
A. 33.3
B. 4
C. 8.3
D. 0.25

Answers: 2

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A company with $600,000 in operating assets is considering the purchase of a machine that costs $72,...