Metlock Company is considering the purchase of a machine with an estimated useful life of...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Metlock Company is considering the purchase of a machine with an estimated useful life of 5 years with the following data: Initial cost $130000 One-time training cost 16800 Annual maintenance costs 13000 Annual cost savings 65000 Salvage value 16900 The cash payback period is
A.) 2.50 years.
B) 2.69 years.
C) 2.30 years.
D) 2.82 years.
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!
