Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions and answer student's questions & connect with other students.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
A company is considering the purchase of a new piece of equipment for laying sod. Relevant information concerning the equipment follows:
Cost of the equipment N$180,000
Annual cost savings from new equipment N$37,500
Life of the new equipment 5 years
Expected Annual Net Income 12 years $15,000
Compute the payback of the project to the nearest whole number
You must login to add an answer.
Optimized by Seraphinite Accelerator
1 Answer