Question: A company is considering purchasing a machine that costs $ 2 0 0 0 0 0 and is estimated to have no salvage value at

 A company is considering purchasing a machine that costs $200000 and

A company is considering purchasing a machine that costs $200000 and is estimated to have no salvage value at the end of its 8-year useful life. If the machine is purchased, annual revenues are expected to be $50000 and annual operating expenses exclusive of depreciation expense are expected to be $28000. The straight-line method of depreciation would be used. The cash payback period on the machine is
4.5 years.
10.1 years.
9.1 years.
8.0 years.
is estimated to have no salvage value at the end of its

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