A Company Is Considering Purchasing a Machine for $600,000

question 98

Short Answer

A company is considering purchasing a machine for $600,000.The machine is expected to generate a net after-tax income of $15,000 per year.Depreciation expense would be $60,000.What is the payback period for this machine?

---

Definitions:

Collaborative Group

A team or assembly of individuals working together towards a common goal or project.

Gestures

Physical movements made with parts of the body, especially hands and head, to express thoughts, emotions, or information without using words.

Nonverbal Communication

The process of conveying a message without the use of words, through gestures, facial expressions, posture, and other physical behaviors.

Dress Professionally

Wearing clothing that meets the standards and expectations of a particular professional environment or setting.