Examlex

Solved

Jackson & Sons Uses Packing Machines to Prepare Its Product

question 28

Multiple Choice

Jackson & Sons uses packing machines to prepare its product for shipping.One machine costs $136,000 and lasts about 4 years before it needs replaced.The operating cost per machine is $6,000 a year.What is the equivalent annual cost of one packing machine if the required rate of return is 12%? (Round your answer to the nearest whole dollar.)


Definitions:

Related Questions