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madam [21]
4 years ago
14

A company is considering purchasing a machine that costs $400,000 and is estimated to have no salvage value at the end of its 8-

year useful life. If the machine is purchased, annual revenues are expected to be $100,000 and annual operating expenses exclusive of depreciation expense are expected to be $38,000. The straight-line method of depreciation would be used. The cash payback period on the machine is Question 9 options: 8.0 years. 7.5 years. 6.5 years. 3.2 years
Business
1 answer:
AveGali [126]4 years ago
4 0

Answer:

6.5 years

Explanation:

Cost of Asset/Net Income = $400,000/Net Income

Net Income = Revenue - Operating expenses (excluding depreciation)

= $100,000 - $38,000 = $62,000

=$400,000/$62,000

=6.45

=6.5 years

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Chess top uses the periodic inventory system. for the current month, the beginning inventory consisted of 360 units that cost $6
pantera1 [17]
Given: Beginning inventory 360 units @ $65 each  
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Which theme can be found in both "If" and The Jungle Book by Rudyard Kipling?
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Explanation:

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Answer:

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