Question: 14 Help Save & Exit Submit 11 Burgers R Us purchased a new fryer for $42,000 to replace its old fryer. The new fryer has

14 Help Save & Exit Submit 11 Burgers R Us purchased

14 Help Save & Exit Submit 11 Burgers R Us purchased a new fryer for $42,000 to replace its old fryer. The new fryer has a 6 year life and an expected salvage value of $6,000. The old fryer will be sold immediately for its salvage value of $10,000. Annual cost savings from the new fryer are expected to be $10,000 per year. The payback period of the new machine is closest to 3 01:07:05 Multiple Choice 32 years O 21 years O azyears 4 2 years O So years 11 of 20 ! 4022/2000

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