Click to see additional instructions Amanunturing company, which is considering updating its technology, is focusing...

90.2K

Verified Solution

Question

Finance

image
Click to see additional instructions Amanunturing company, which is considering updating its technology, is focusing attention on a general purpose machine that can perform many different operation Ao investigation of available equipment has arrowed the choice to a machine whose cash flow is given below. 1 2 3 4 5 Years Machine Bcash flow (GHS) 30,000 50.000 50,000 25,000 55.000 The machine currently cost GHS120,000 and has a salvage value ofere at the end of its economic life of five years Given this information, the payback period of this machine at a discount rate of 18 percent is years. Note: Leave your answer in coe decimal place For example, if your wer is 10.5 months leave it as it is Alive Windows

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