A new manufacturing machine is expected to cost 278000 have


Question - A new manufacturing machine is expected to cost $278,000, have an eight year life and a $30k salvage value. The machine will yield an annual incremental after-tax income of $35k after deducting the straight line depreciation. Compute the payback period for the purchase.

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Accounting Basics: A new manufacturing machine is expected to cost 278000 have
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