Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a machine can be purchased for $80,000 and used fo

A machine can be purchased for $80,000 and used for five years, ylelding the following...

70.2K

Verified Solution

Question

Accounting

A machine can be purchased for $80,000 and used for five years, ylelding the following Income. This income computation Includes
annual depreclation expense of $16,000.
Compute the machine's payback perlod.
Note: Round payback perlod answer to 2 decimal places.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Explain the mechanisms of bacterial killing by neutrophil.

Medical Sciences
Q

A negligibly small current is passed through a wire of length 15 m and uniform...

Physics
Q

29 A bus of mass 1000 kg has an engine which produces a constant power...

Physics
Q

26 Given PR TR P T P R Prove AABC ADBC S ORADE

Geometry
Q

Find the area of the shaded region below Area YA x y 2 y 1...

Calculus
Q

Write a polynomial in standard form that represents the area of the dhaded region x...

Calculus
Q

IS IT CLEAR

Accounting
Q

(0.5 marks each) 14.. Suleiman doesn't a little sister. A. has B. had C. have...

Accounting
Q

QUESTION ONE On January 1, 2020 Bismarck (Pty) Ltd. purchased a building for R3 million....

Accounting
Q

Harry usually spends 10 hours a week eleher playlng Football or stugy economics courses. His...

Accounting
Q

During 2024, a company sells 22 units of inventory. The company has the following has...

Accounting
Q

Question 8. 8. Jones Company presents the following data for 2012: (6 pts.) Receivables at...

Accounting