Determine the payback period in months if the press can


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. (Answer: 7.0 months)

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Business Economics: Determine the payback period in months if the press can
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