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Infinitez Infinitez
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9 months ago

A company with $500,000 in operating assets is considering the purchase of a machine that costs $60,000 and which is expected to reduce operating costs by $15,000 each year. These reductions in cost occur evenly throughout the year. The payback period for this machine in years is closest to (Ignore income taxes.):



▸ 0.25 years

▸ 8.3 years

▸ 4 years

▸ 33.3 years
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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PWT82PWT82
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9 months ago
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Infinitez Author
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9 months ago
Smart ... Thanks!
kriggs62
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byehoe
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Correct Slight Smile TY
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