Payback period of the automation
Problem:
By automating its shop floor, your company expects to save $81,000.00 annually.
Required:
Question: If the automation costs $225,000.00, what is the payback period of the automation?
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Question: If the stock is currently selling for $64.00, what is the expected return of this preferred stock?
Question: Based on the above information, the cost of retained earnings is;
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