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zer0latency zer0latency
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A year ago

Ramson Corporation is considering purchasing a machine that would cost $756,000 and have a useful life of 8 years. The machine would reduce cash operating costs by $132,632 per year. The machine would have a salvage value of $151,200 at the end of the project. (Ignore income taxes.)

Required:

a. Compute the payback period for the machine.

b. Compute the simple rate of return for the machine.

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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mkql12mkql12
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A year ago
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zer0latency Author
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A year ago
Good timing, thanks!
Marctheshark
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Yesterday
Smart ... Thanks!
deathwing
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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