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:

Report Control

A feature in database and business intelligence software that allows users to manage how data is displayed in reports.

Layout View

In software applications, a mode that allows users to edit and design the layout of documents or pages while viewing something closely to the final output.

Form Wizard

A feature in software applications that guides users through a series of steps to create forms, typically used in database and web development.

Layout

Refers to the arrangement of elements on a page or screen, including text, images, and other components.