Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company is considering the purchase of a new pie

A company is considering the purchase of a new piece of equipment for $90,000. Predicted...

70.2K

Verified Solution

Question

Accounting

A company is considering the purchase of a new piece of equipment for $90,000. Predicted annual cash inflows from this investment are $36,000 (year 1), $30,000 (year 2), $18,000 (year 3), $12,000 (year 4) and $6,000 (year 5). The payback period is:

4.50 years.

2.50 years.

3.50 years.

3.00 years.

4.25 years.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Give two modern instruments business owners can use to make deposits when their source of payments...

Chemistry
1.2K views

3H2(g)+N2(g)?2NH3(g) How many grams of NH3 can be produced from 3.23mol of N2 and excess H2. How many...

Medical Sciences
1.2K views

We have deltoid, trapezius, biceps, triceps, glutues maximus, calves (gastrocnemius and soleus), Quadriceps (rectus femoris, vastus lateralis,...

Basic Math
1.2K views

An average heart rate is 60 beats per minute How many beats this Solves this...

Basic Math
1.2K views

A company makes 2 types of computers X and Y The company can make a...

Algebra
1.2K views

2023 2024E T M RET M YILI KIR EH R MESLEK ve TEKN K ANADOLU...

Accounting
1.2K views

The CFO of the Zachary Microscope Corporation intentionally misclassified a downstream transportation expense in the...

Accounting
1.2K views

31. Is a current-year net operating loss of a C corporation available to offset income...

Accounting
1.2K views

Ex 1 A company uses subsidiary ledgers for Accounts Receivable and Accounts Payable. Transactions that...

Accounting
1.2K views

- Gh had the those repieted at a coot of $2.000 - Gix weres 32000...

Accounting
1.2K views

Internal Rate of Return A project is estimated to cost $174,155 and provide annual net...

Finance
1.2K views

state five assumptions of the Capital Asset Pricing Model (CAPM)