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Other Fields Homework Help Management Topic started by: Onxy on Feb 13, 2017



Title: The manager at Shriver Industrial, a laundry detergent manufacturer, needs to purchase a new ...
Post by: Onxy on Feb 13, 2017
The manager at Shriver Industrial, a laundry detergent manufacturer, needs to purchase a new machine. The net initial investment of the plan is $291,000. The machine is expected to generate $80,000 in uniform cash flow each year and it has a five-year expected useful life.
Required
Compute the payback period.
A) 4.8 years
B) 2.5 years
C) 3.6 years
D) 4.0 years
E) 3.5 years


Title: Re: The manager at Shriver Industrial, a laundry detergent manufacturer, needs to purchase a new ...
Post by: lordington on Feb 13, 2017
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