The ABC company is planning to purchase a machine known as machine X. Machine X would cost $40. 000 and would have a useful life of 10 years with zero salvage value. The expected annual cash inflow of the machine is $10,000. What is payback period (as years) of machine X? O A) 3,5 OB) 4,5 OC) 3,0 OD) 4,0 OE) 2,5
The ABC company is planning to purchase a machine known as machine X. Machine X would cost $40. 000 and would have a useful life of 10 years with zero salvage value. The expected annual cash inflow of the machine is $10,000. What is payback period (as years) of machine X? O A) 3,5 OB) 4,5 OC) 3,0 OD) 4,0 OE) 2,5
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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