Jordan Company Is Considering the Purchase of a Machine with the Following

question 69

Multiple Choice

Jordan Company is considering the purchase of a machine with the following data: $$\begin{array} { l r } \text { Initial cost } & \$ 150,000 \\\text { One-time training cost } & 12,000 \\\text { Annual maintenance costs } & 15,000 \\\text { Annual cost savings } & 75,000 \\\text { Salvage value } & 20,000\end{array}$$ The cash payback period is

• A)2.70 years.
• B)2.50 years.
• C)2.37 years.
• D)2.17 years.

---

Definitions:

Groups of People

Collections of individuals classified based on shared characteristics, interests, or affiliations, ranging from families to communities or organizations.

Conditions

Circumstances or factors affecting the way in which people live or work, especially with regard to their safety or well-being.

Dignity and Worth

The inherent value and respect that each individual possesses, underscoring the importance of treating all people with compassion and understanding.

Organizational Practices

The established ways of doing things within an organization, including policies, procedures, and cultural norms.