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6 .a) If a company makes an investment of $1,000,000 in new equipment which is expected to generate $250,000 in revenue

Posted: Thu May 05, 2022 8:02 am
by answerhappygod
6 .a) If a company makes an investment of $1,000,000 in new equipment which is expected to generate $250,000 in revenue per year, calculate the payback period.
b) If they have another option to invest $1,000,000 into equipment which they expect to generate $280,000 in revenue per year, which one is the new payback period?