A manufacturing company is willing to purchase a new machine to replace its existing one. The new machine is expected to increase its manufacturing efficiency; the monetary benefit of the new machine over the next five years is 22000, while the monetary benefit of the current machine over the same time period is 7000. The new machine's cost is 9000, and the current machine could be sold for 6000. 

Find the net benefit?

Answer rating: 100% (QA)

To find the net benefit we need to calculate the total monetary benefit of the new mach... View the full answer