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evablogger [386]
2 years ago
7

Swifty Company has identified that the cost of a new computer will be $30000, but with the use of the new computer, net income w

ill increase by $3000 a year. If depreciation expense is $1000 a year, the cash payback period is: 30.0 years. 10.0 years. 7.5 years. 15.0 years. Save for LaterAtte
Business
1 answer:
klio [65]2 years ago
8 0

Answer:

10.0 years

Explanation:

The computation of the payback period is shown below

We know that

Payback period = initial cost ÷ increase in net income

= $30,000 ÷ $3,000

= 10 years

As the depreciation expense is a non-cash expense so we dont considered it

Therefore the first option is correct

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Jlenok [28]

Answer:

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Explanation:

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ValentinkaMS [17]

Answer:

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