Nance Company Is Considering Buying a Machine for $90,000 with an Estimated

question 68

Multiple Choice

Nance Company is considering buying a machine for $90,000 with an estimated life of ten years and no salvage value. The straight-line method of depreciation will be used. The machine is expected to generate net income of $3,000 each year. The cash payback on this investment is

• A) 15 years.
• B) 10 years.
• C) 7.5 years.
• D) 6 years.

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Definitions:

Hispanic Families

Family units rooted in Hispanic culture that often emphasize traditional values like respect, familial responsibility, and strong kinship bonds.

Risk Factors

Characteristics or conditions that increase the likelihood of developing a disease, experiencing health problems, or sustaining injuries.

Negative Outcomes

Undesirable results or consequences that arise from a particular action or situation.

Personal Characteristics

Attributes or traits that define an individual's distinct personality and behavior.