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Business, 27.06.2019 08:50 mantooth

Acompany is considering the purchase of a new machine for $48,000. management expects that the machine can produce sales of $16,000 each year for the next 10 years. expenses are expected to include direct aterials, direct labor, and factory overhead totaling $8,000 per year plus depreciation of $4,000 per year. all revenues and expenses except depreciation are on a cash basis. the payback period for the machine is?

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