Problem
A new soap press purchased by the Rub-a-Dub-Dub Soap Company costs $65K. Determine the payback period in months if the press can produce 120 gross of bars each month and each bar is sold for $.96 and costs $.42 to produce.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.