If an equipment investment costs 15228$ with a 5-year useful life and provided additional annual sales revenue of $4,500
Posted: Sun Apr 17, 2022 6:55 pm
If an equipment investment costs
15228$ with a 5-year useful life and provided
additional annual sales revenue of $4,500, expenses (excluding
depreciation) of 55%, and the company is in a 20% tax bracket, what
is the payback period in years? Straight line depreciation is used.
Round your answer to the nearest 2 decimal places.
15228$ with a 5-year useful life and provided
additional annual sales revenue of $4,500, expenses (excluding
depreciation) of 55%, and the company is in a 20% tax bracket, what
is the payback period in years? Straight line depreciation is used.
Round your answer to the nearest 2 decimal places.